Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) have earned a consensus rating of “Reduce” from the six ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$0.66.

TWM has been the topic of several research reports. Atb Cap Markets lowered shares of Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, November 15th. Scotiabank cut their target price on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research report on Friday, November 15th. Finally, CIBC upped their price target on Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the company a “neutral” rating in a research report on Thursday, January 9th.

Tidewater Midstream and Infrastructure Price Performance

Tidewater Midstream and Infrastructure stock opened at C$0.19 on Friday. Tidewater Midstream and Infrastructure has a 52 week low of C$0.11 and a 52 week high of C$0.88. The firm has a market capitalization of C$79.57 million, a PE ratio of -0.21, a P/E/G ratio of 0.64 and a beta of 1.67. The firm’s 50-day simple moving average is C$0.16 and its 200 day simple moving average is C$0.26. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 158.54.

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.