The stock of Tidewater Midstream & Infrastructure Ltd (CVE:TWM) is a huge mover today! The stock last traded at $1.63 per share. It is down 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.
The move comes after 8 months positive chart setup for the $458.27 million company. It was reported on Nov, 29 by Barchart.com. We have $1.78 PT which if reached, will make CVE:TWM worth $41.24M more.
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 32.52% above today’s ($1.63) 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 stock with “Outperform” rating in Tuesday, July 28 report. Scotia Capital maintained Tidewater Midstream & Infrastructure Ltd (CVE:TWM) rating on Wednesday, November 16. Scotia Capital has “Outperform” rating and $2 price target. National Bank Canada maintained the shares of TWM in a report on Thursday, November 19 with “Outperform” rating. The firm earned “Buy” rating on Thursday, August 6 by Acumen Capital. The rating was initiated by National Bank Canada on Thursday, September 3 with “Outperform”.
More 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 Marketwired.com published the news titled: “Tidewater Midstream and Infrastructure Ltd. Announces Second Quarter 2016 Results” on August 15, 2016. Reuters.com‘s news article titled: “BRIEF-Tidewater Midstream and Infrastructure announces Q3 results” with publication date: November 15, 2016 was also an interesting one.
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 $458.27 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 18.02 P/E ratio. It holds interests in AltaGas, Peace River Arch Area and Acheson Gas Plant.
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