Acumen Capital Reiterates “Buy” Rating for Brick Brewing Co. Limited (BRB)
Brick Brewing Co. Limited (TSE:BRB)‘s stock had its “buy” rating reiterated by Acumen Capital in a research note issued on Wednesday, June 7th. They presently have a C$4.50 target price on the stock. Acumen Capital’s price objective would suggest a potential upside of 16.88% from the stock’s current price.
Brick Brewing Co. Limited (BRB) opened at 3.85 on Wednesday. Brick Brewing Co. Limited has a 52 week low of $2.30 and a 52 week high of $3.99. The stock has a market capitalization of $134.85 million and a price-to-earnings ratio of 35.00. The firm has a 50-day moving average of $3.66 and a 200 day moving average of $3.13.
Brick Brewing Co. Limited (TSE:BRB) last posted its quarterly earnings results on Thursday, April 13th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.02. The business had revenue of $10.54 million for the quarter, compared to analyst estimates of $10.20 million. Brick Brewing Co. Limited had a return on equity of 8.28% and a net margin of 6.85%. On average, analysts anticipate that Brick Brewing Co. Limited will post $0.14 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 25th. Investors of record on Tuesday, July 25th will be paid a dividend of $0.016 per share. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $0.06 dividend on an annualized basis and a yield of 1.66%.
WARNING: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/06/19/acumen-capital-reaffirms-buy-rating-for-brick-brewing-co-limited-brb-updated.html.
Brick Brewing Co. Limited Company Profile
Brick Brewing Co Limited is a Canada-based brewery. The Company operates through the segment, which involves in the production, distribution and sale of alcohol-based products. It produces, sells, markets and distributes packaged and draft beer under the Waterloo brand name, and value beer under the Laker, Red Baron, Red Cap and Formosa brand names (collectively, the Brick Beer Brands).
Receive News & Stock Ratings for Brick Brewing Co. Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brick Brewing Co. Limited and related stocks with our FREE daily email newsletter.