National Bankshares Boosts Tidewater Midstream and Infrastructure (TSE:TWM) Price Target to C$0.15

Tidewater Midstream and Infrastructure (TSE:TWM) had its price target upped by analysts at National Bankshares from C$0.10 to C$0.15 in a research note issued to investors on Monday,BayStreet.CA reports. The firm currently has an “underperform” rating on the stock. National Bankshares’ target price suggests a potential downside of 43.40% from the company’s previous close.

Separately, CIBC raised their price objective 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 investment analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of C$0.53.

Tidewater Midstream and Infrastructure Trading Down 1.9 %

Shares of Tidewater Midstream and Infrastructure stock opened at C$0.27 on Monday. The company has a debt-to-equity ratio of 183.03, a current ratio of 1.23 and a quick ratio of 0.55. Tidewater Midstream and Infrastructure has a 1 year low of C$0.11 and a 1 year high of C$0.86. The firm has a market cap of C$114.23 million, a PE ratio of -0.32, a PEG ratio of 0.64 and a beta of 1.67. The company has a 50 day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.21.

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.