Tidewater Midstream and Infrastructure (TSE:TWM) Price Target Raised to C$0.35 at Acumen Capital

Tidewater Midstream and Infrastructure (TSE:TWM) had its price target upped by investment analysts at Acumen Capital from C$0.30 to C$0.35 in a research note issued on Monday,BayStreet.CA reports. Acumen Capital’s price objective indicates a potential upside of 34.62% from the stock’s current price.

Other analysts have also recently issued reports about the company. National Bankshares upped their target price on Tidewater Midstream and Infrastructure from C$0.10 to C$0.15 and gave the company an “underperform” rating in a research report on Monday. CIBC boosted their target price on Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the company a “neutral” rating in a report on Thursday, January 9th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of C$0.53.

Tidewater Midstream and Infrastructure Stock Down 1.9 %

Shares of TWM stock traded down C$0.01 on Monday, reaching C$0.26. 945,740 shares of the stock were exchanged, compared to its average volume of 610,472. The business’s 50 day moving average price is C$0.20 and its 200 day moving average price is C$0.21. The company has a market capitalization of C$112.08 million, a price-to-earnings ratio of -0.31, a PEG ratio of 0.64 and a beta of 1.67. Tidewater Midstream and Infrastructure has a twelve month low of C$0.11 and a twelve month high of C$0.86. The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 183.03.

Tidewater Midstream and Infrastructure Company Profile

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets.