Brick Brewing (TSE:BRB) – Equities researchers at Cormark cut their FY2019 EPS estimates for Brick Brewing in a report released on Friday, April 13th. Cormark analyst K. Mcphee now anticipates that the company will post earnings of $0.14 per share for the year, down from their prior estimate of $0.15.
Several other research firms also recently issued reports on BRB. Acumen Capital raised their price target on shares of Brick Brewing from C$4.60 to C$4.80 in a research note on Thursday, January 11th. M Partners reaffirmed a “buy” rating on shares of Brick Brewing in a research note on Wednesday, January 10th. Finally, Laurentian raised their price target on shares of Brick Brewing from C$4.70 to C$5.00 in a research note on Tuesday, January 23rd.
Shares of Brick Brewing stock opened at C$4.05 on Monday. Brick Brewing has a fifty-two week low of C$2.99 and a fifty-two week high of C$4.75.
In other news, insider Sean Thomas Byrne sold 40,000 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of C$3.95, for a total transaction of C$158,000.00.
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Brick Brewing 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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