Julius Bär Gruppe AG (OTCMKTS:JBAXY) Given Average Rating of “Moderate Buy” by Brokerages

Julius Bär Gruppe AG (OTCMKTS:JBAXY) has received a consensus recommendation of “Moderate Buy” from the four brokerages that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company.

Several equities analysts recently issued reports on the company. Citigroup cut Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. The Goldman Sachs Group upgraded Julius Bär Gruppe to a “strong-buy” rating in a research report on Thursday, March 13th.

Julius Bär Gruppe Trading Up 0.4 %

JBAXY opened at $13.99 on Tuesday. The business’s 50-day simple moving average is $13.29 and its 200-day simple moving average is $12.68. Julius Bär Gruppe has a one year low of $10.33 and a one year high of $14.34.

Julius Bär Gruppe Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be given a $0.5684 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This is a boost from Julius Bär Gruppe’s previous dividend of $0.34. Julius Bär Gruppe’s payout ratio is 115.67%.

Julius Bär Gruppe Company Profile

Julius Bär Gruppe AG provides wealth management solutions in Switzerland, Europe, the Americas, Asia, and internationally. The company offers investment advisory and discretionary mandates; structured products, securities execution and advisory, private markets and fund offering; wealth planning, family office services; asset servicing, and lombard lending solutions.