Julius Bär Gruppe AG (OTCMKTS:JBAXY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Julius Bär Gruppe AG (OTCMKTS:JBAXY) has been assigned an average rating of “Moderate Buy” from the five research firms that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company.

JBAXY has been the subject of a number of analyst reports. Citigroup lowered shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th. The Goldman Sachs Group upgraded shares of Julius Bär Gruppe to a “strong-buy” rating in a report on Thursday, March 13th.

Julius Bär Gruppe Trading Up 1.4 %

Shares of Julius Bär Gruppe stock opened at $12.03 on Friday. The business’s 50 day moving average price is $13.16 and its 200 day moving average price is $12.93. Julius Bär Gruppe has a one year low of $10.45 and a one year high of $14.68.

Julius Bär Gruppe Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be issued a $0.5684 dividend. The ex-dividend date 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%.

About Julius Bär Gruppe

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.