Royal Bank Of Canada Issues Positive Forecast for Tidewater Midstream and Infrastructure (TSE:TWM) Stock Price

Tidewater Midstream and Infrastructure (TSE:TWM) had its price target boosted by Royal Bank Of Canada from C$11.00 to C$18.00 in a research report report published on Friday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Several other research firms also recently weighed in on TWM. National Bank Financial boosted their target price on shares of Tidewater Midstream and Infrastructure from C$9.50 to C$15.00 and gave the stock a “sector perform” rating in a research report on Friday. Scotiabank boosted their target price on shares of Tidewater Midstream and Infrastructure from C$7.00 to C$9.00 and gave the stock a “sector perform” rating in a research report on Friday, March 27th. ATB Cormark Capital Markets boosted their target price on shares of Tidewater Midstream and Infrastructure from C$9.00 to C$17.00 and gave the stock a “sector perform” rating in a research report on Friday. Finally, Scotia boosted their target price on shares of Tidewater Midstream and Infrastructure from C$9.00 to C$17.00 and gave the stock a “sector perform” rating in a research report on Friday. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Tidewater Midstream and Infrastructure has an average rating of “Hold” and a consensus price target of C$16.80.

Tidewater Midstream and Infrastructure Price Performance

TWM opened at C$15.48 on Friday. The company has a 50-day moving average of C$9.76 and a 200-day moving average of C$7.00. The company has a market capitalization of C$337.51 million, a P/E ratio of -2.98, a PEG ratio of 0.64 and a beta of -0.10. Tidewater Midstream and Infrastructure has a 1-year low of C$3.60 and a 1-year high of C$15.97. The company has a debt-to-equity ratio of 368.12, a quick ratio of 0.55 and a current ratio of 0.91.

Tidewater Midstream and Infrastructure (TSE:TWM) last released its earnings results on Thursday, March 26th. The company reported C($1.38) earnings per share for the quarter. The company had revenue of C$314.10 million during the quarter. Tidewater Midstream and Infrastructure had a negative return on equity of 54.09% and a negative net margin of 7.71%. Equities analysts expect that Tidewater Midstream and Infrastructure will post 0.0199855 EPS for the current fiscal year.

Tidewater Midstream and Infrastructure News Summary

Here are the key news stories impacting Tidewater Midstream and Infrastructure this week:

• Positive Sentiment: Royal Bank of Canada lifted its price target on Tidewater Midstream and Infrastructure from C$11.00 to C$18.00, keeping a “sector perform” rating and implying additional upside from current levels. Analyst rating update from BayStreet.CA
• Positive Sentiment: ATB Cormark Capital Markets raised its target from C$9.00 to C$17.00, while Scotiabank and Scotia also increased their targets to C$17.00, signaling improved confidence in the company’s outlook. Analyst rating update from Tickerreport.com
• Positive Sentiment: The company released its first-quarter 2026 results, an operational update, and updated 2026 financial guidance, which investors are likely viewing as an important catalyst for the stock. Q1 2026 results and guidance update
• Neutral Sentiment: National Bank Financial also raised its target, but only to C$15.00, which is below the current trading level and suggests a more cautious view despite the target increase. Analyst rating update from BayStreet.CA
• Neutral Sentiment: News that an insider increased their holding over the last year may support confidence, but it is not as immediate a stock-moving catalyst as the analyst target changes or earnings update. Insider ownership article

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. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities.