Tidewater Midstream & Infrastructure Ltd’s Trend Down, Especially After Today’s Weak Session

 Tidewater Midstream & Infrastructure Ltd's Trend Down, Especially After Today's Weak Session

The stock of Tidewater Midstream & Infrastructure Ltd (CVE:TWM) is a huge mover today! About 95,037 shares traded hands. Tidewater Midstream & Infrastructure Ltd (CVE:TWM) has risen 6.00% since October 24, 2016 and is uptrending. It has outperformed by 0.67% the S&P500.
The move comes after 6 months negative chart setup for the $475.36M company. It was reported on Nov, 23 by Barchart.com. We have $1.49 PT which if reached, will make CVE:TWM worth $38.03M less.

Tidewater Midstream & Infrastructure Ltd (CVE:TWM) Ratings Coverage

Out of 3 analysts covering Tidewater Midstream and Infrastructure Ltd (CVE:TWM), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $2.40 is the highest target while $2 is the lowest. The $2.16 average target is 33.33% above today’s ($1.62) stock price. Tidewater Midstream and Infrastructure Ltd has been the topic of 6 analyst reports since July 28, 2015 according to StockzIntelligence Inc. IBC initiated the shares of TWM in a report on Tuesday, July 28 with “Outperform” rating. National Bank Canada initiated it with “Outperform” rating and $2.25 target price in Thursday, September 3 report. Scotia Capital maintained Tidewater Midstream & Infrastructure Ltd (CVE:TWM) on Wednesday, November 16 with “Outperform” rating. The firm has “Outperform” rating by National Bank Canada given on Thursday, November 19. The firm has “Buy” rating by Acumen Capital given on Thursday, August 6.

More important recent Tidewater Midstream & Infrastructure Ltd (CVE:TWM) news were published by: Reuters.com which released: “BRIEF-Tidewater Midstream and Infrastructure Ltd. announces strategic core…” on November 16, 2016, also Reuters.com published article titled: “BRIEF-Tidewater Midstream and Infrastructure announces Q3 results”, Marketwired.com published: “Tidewater Midstream and Infrastructure Ltd. Announces Second Quarter 2016 Results” on August 15, 2016. More interesting news about Tidewater Midstream & Infrastructure Ltd (CVE:TWM) was released by: Marketwired.com and their article: “Tidewater Midstream and Infrastructure Ltd. Announces First Quarter 2016 Results” with publication date: May 26, 2016.

Tidewater Midstream and Infrastructure Ltd is a Canada company, which is focused on the purchase, sale and transportation of natural gas liquids across North America and export to overseas markets. The company has a market cap of $475.36 million. It is engaged in the acquisition and development of gas and oil infrastructure, including gas plants, pipelines, NGLs by rail, export terminals and storage facilities. It has a 17.9 P/E ratio. It holds interests in AltaGas, Peace River Arch Area and Acheson Gas Plant.

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