Acumen Capital Lowers Brick Brewing Co. Limited (BRB) Price Target to C$4.40
Separately, Laurentian raised their price target on shares of Brick Brewing Co. Limited from C$4.60 to C$4.70 and gave the stock a buy rating in a research note on Monday.
Brick Brewing Co. Limited (TSE:BRB) opened at 3.74 on Monday. The company has a market capitalization of $131.77 million and a price-to-earnings ratio of 41.56. Brick Brewing Co. Limited has a 12-month low of $2.41 and a 12-month high of $4.26. The stock’s 50 day moving average price is $3.71 and its 200 day moving average price is $3.52.
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The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 24th. Shareholders of record on Tuesday, October 10th will be paid a dividend of $0.016 per share. This represents a $0.06 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Friday, October 6th.
In other Brick Brewing Co. Limited news, insider Sean Thomas Byrne sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of C$3.84, for a total transaction of C$115,200.00.
Brick Brewing Co. Limited Company Profile
Brick Brewing Co Limited produces, sells, markets, and distributes packaged and draft premium beer under the Waterloo brand; and value beer under the Laker, Red Baron, Red Cap, and Formosa brands in Canada and the United States. The company also produces, sells, markets, and distributes vodka and malt based coolers, and ciders under the Seagram Coolers brand, as well as produces, sells, markets, and distributes various beer products under co-packaging agreements.
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