Brick Brewing Co. Limited (BRB) PT Raised to C$4.70
Brick Brewing Co. Limited (TSE:BRB) had its price objective lifted by equities research analysts at Laurentian Bank of Canada from C$4.60 to C$4.70 in a report issued on Monday. The brokerage currently has a “buy” rating on the stock. Laurentian Bank of Canada’s price target suggests a potential upside of 27.03% from the company’s previous close.
Other research analysts have also issued reports about the company. Acumen Capital reduced their target price on Brick Brewing Co. Limited from C$4.50 to C$4.40 in a report on Monday. Laurentian lifted their target price on Brick Brewing Co. Limited from C$4.60 to C$4.70 and gave the stock a “buy” rating in a report on Monday.
Brick Brewing Co. Limited (TSE:BRB) opened at 3.70 on Monday. Brick Brewing Co. Limited has a 52-week low of $2.41 and a 52-week high of $4.26. The company’s 50-day moving average price is $3.72 and its 200 day moving average price is $3.52. The firm has a market capitalization of $129.59 million and a price-to-earnings ratio of 33.64.
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In other Brick Brewing Co. Limited news, insider Sean Thomas Byrne sold 30,000 shares of Brick Brewing Co. Limited stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of C$3.84, for a total value of C$115,200.00.
About Brick Brewing Co. Limited
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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