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

Julius Bär Gruppe AG (OTCMKTS:JBAXY) has received an average rating of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and two have issued a strong buy recommendation on the company.

A number of equities analysts have commented on JBAXY shares. The Goldman Sachs Group raised shares of Julius Bär Gruppe to a “strong-buy” rating in a research note on Thursday, March 13th. Citigroup lowered shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th.

Julius Bär Gruppe Price Performance

Shares of OTCMKTS JBAXY opened at $14.08 on Tuesday. The business has a 50-day moving average of $13.38 and a 200-day moving average of $12.75. Julius Bär Gruppe has a 12 month low of $10.33 and a 12 month high of $14.34.

Julius Bär Gruppe Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be issued 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 payout ratio is presently 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.