Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Given Consensus Rating of “Reduce” by Brokerages

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) have received a consensus rating of “Reduce” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and five have issued a hold rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$0.64.

Several research analysts have weighed in on TWM shares. CIBC lowered their price target on shares of Tidewater Midstream and Infrastructure from C$0.40 to C$0.30 in a report on Friday, November 15th. ATB Capital dropped their price target on Tidewater Midstream and Infrastructure from C$1.10 to C$0.80 in a report on Friday, August 16th. National Bank Financial lowered Tidewater Midstream and Infrastructure from a “hold” rating to a “strong sell” rating in a report on Sunday, August 18th. Atb Cap Markets cut Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, November 15th. Finally, Acumen Capital reduced their target price on shares of Tidewater Midstream and Infrastructure from C$1.10 to C$0.55 in a research report on Monday, August 19th.

Tidewater Midstream and Infrastructure Trading Up 4.0 %

TWM stock opened at C$0.13 on Monday. Tidewater Midstream and Infrastructure has a one year low of C$0.12 and a one year high of C$1.08. The stock has a market cap of C$55.91 million, a price-to-earnings ratio of -0.15, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The company has a fifty day moving average price of C$0.26 and a two-hundred day moving average price of C$0.44. The company has a debt-to-equity ratio of 158.54, a current ratio of 0.63 and a quick ratio of 0.55.

Tidewater Midstream and Infrastructure Company Profile

Tidewater Midstream and Infrastructure Ltd. operates as a diversified midstream and infrastructure company in the United States. The company primarily focuses on natural gas, natural gas liquids (NGLs), crude oil, refined products, and renewable products and services. It also engages in the sale of refined petroleum products, including gasoline, low sulphur diesel, and ancillary products, as well as renewable fuels and natural gas; and gathering, processing, transporting, extraction, and marketing of crude oil, natural gas, and NGLs.