TSE:BRB

3.61
0.04 (1.10%) 1d
0
PAST TOP PICK
(A Top Pick Jun 18/18, Up 1%) Still likes it. It's well-run. They're growing their brands and they have a big opportunity to get into cannabis beverages which will be legal in Canada in October 2019. BRB is well-positioned for this and this market could be very large.
breweries / beverages

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BUY on WEAKNESS
Could Brick be a takeover candidate? He doubts it. It's a beautiful play and beautiful company. The CEO ran another company that got taken out; when this happens there's a better chance for the current company to get taken out. But he doubts that BRB will get taken out. Would a Molsons or Coors get rid of some of their competition this way. BRB's revenues will probably be north of $50 milllion this year; revenues last quarter went up nicely. They're looking to get into cannabis beverages like their peers. He really likes it, though wouldn't buy it at these levels. He bought it at 25-cents and sold it at $3.99.
breweries / beverages
BUY
Getting into the cannabis space? He likes and has long owned this. They have a good core brewing operation, the second-largest craft brewer in Canada. They are aggressively pursuing cannabis drinks. He thinks they will be one of the first to market cannabis drinks in Canada when it becomes legal. They have a modern facility in Cambridge, ON with lots of excess capacity. They're in a position to grow and take advantage of the cannabis space. This isn't built into the share price yet, so BRB is great value now.
breweries / beverages
TOP PICK
Well-run. Lots of excess capacity with potential (he suspects they are) to be an early player in fusing cannabis with beer. BRB has lot of experience in blending drinks. Cheap valuation and good balance sheet. Potential upside in cannabis-beer. There's always the chance of a bigger player buying out the Brick. (Analysts’ price target is $4.66)
breweries / beverages
PAST TOP PICK

March to June is optimal time to buy. Big runup earlier this year didn’t materialize into a positive result. Worries him that there’s a lower significant high. Investor exhaustion. If it breaks $3.50, could see significant downside. Be cautious.

breweries / beverages
TOP PICK

Fifth largest brewer in Canada. New facility only operating at half capacity, so room to grow. Strong management team. A big, efficient producer which could roll up the smaller brewers. Could also be a takeout target in future. (Analyst's price target is $ 4.71.)

breweries / beverages
SELL

He paid $0.25 and sold out at $3.00. He is not going to cry about missing the recent upside. He likes the company and the CEO and likes their beer. The stock price is too high now and he would think of selling. It is weather dependant and seasonal. They started paying a dividend about two years ago.

breweries / beverages
WAIT

(Market Call Minute) Management is doing a great job in a tough business. The stock got way ahead of itself. They had a few hiccups in the last quarter. Wait for the price to come down before owning this stock.

breweries / beverages
COMMENT

Has been very good to him. He bought it at around $.25 several years ago, when they were potentially on the verge of bankruptcy. Brought in a new CEO who had been at another brewery that got taken over. Sold out a few months ago at $3.99. It is still over $3, so it has zero interest for him.

breweries / beverages
HOLD

(Market Call Minute.) A very solid brewer with excellent beer products. If it got down to the mid-$2, he would be a buyer.

breweries / beverages
BUY

Management did a great job of turning the business around, including the lunching of new products. It has been a good story. One of the reasons for the pullback was that it had run up a lot. Also, we had a colder summer and that leads to less consumption. It is a potential takeout target. The trend has been for consolidation and so with this pull back it could be an interesting entry point.

breweries / beverages
HOLD

Normally beer stocks do well in the summer. This year it has been in a trading range. There is encouragement here with a little pick up. If it breaks above resistance then it could move to the upside. Hold for now until the end of summer.

breweries / beverages
COMMENT

Beer is a really good space. Consumer Staples, alcohol business tends to be pretty stable. Chart shows a nice up-trend from the beginning of 2015 to the present time. If it can hold above the $3.50 or push back above that, it will probably continue to shake out some weak hands. Some of the technical indicators are getting a little soft right now, but there is some pretty good support at around $3.20.

breweries / beverages
WAIT

Very impressed with management. They’ve done a really, really good job in turning the company around. It’s a very competitive business, beer mainly, but now they have some spirits they are manufacturing, with the rights to sell, market and distribute. The stock is rather expensive, but they’ve been delivering good quarterly sales growth/earnings growth. Wait until the earnings catch-up with the stock price.

breweries / beverages
COMMENT

What normally happens with the smaller brewers is that they get taken out. He likes the company, but doesn’t follow it closely. A good story with good earnings growth.

breweries / beverages
Showing 1 to 15 of 44 entries

Brick Brewing Company Ltd.(BRB-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Brick Brewing Company Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Brick Brewing Company Ltd.(BRB-T) Frequently Asked Questions

What is Brick Brewing Company Ltd. stock symbol?

Brick Brewing Company Ltd. is a Canadian stock, trading under the symbol BRB-T on the Toronto Stock Exchange (BRB-CT). It is usually referred to as TSX:BRB or BRB-T

Is Brick Brewing Company Ltd. a buy or a sell?

In the last year, there was no coverage of Brick Brewing Company Ltd. published on Stockchase.

Is Brick Brewing Company Ltd. a good investment or a top pick?

Brick Brewing Company Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Brick Brewing Company Ltd..

Why is Brick Brewing Company Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Brick Brewing Company Ltd. worth watching?

0 stock analysts on Stockchase covered Brick Brewing Company Ltd. In the last year. It is a trending stock that is worth watching.

What is Brick Brewing Company Ltd. stock price?

On 2019-06-11, Brick Brewing Company Ltd. (BRB-T) stock closed at a price of $3.61.