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

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

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

Julius Bär Gruppe Stock Performance

Shares of JBAXY opened at $14.03 on Tuesday. Julius Bär Gruppe has a 12-month low of $10.33 and a 12-month high of $14.34. The stock’s 50-day moving average price is $13.35 and its 200 day moving average price is $12.72.

Julius Bär Gruppe Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be paid a $0.5684 dividend. This is a positive change from Julius Bär Gruppe’s previous dividend of $0.34. The ex-dividend date of this dividend is Tuesday, April 15th. Julius Bär Gruppe’s dividend payout ratio is currently 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.