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

Shares of Julius Bär Gruppe AG (OTCMKTS:JBAXY) have been given a consensus rating of “Moderate Buy” by the five brokerages that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and two have given a strong buy recommendation to the company.

Several research analysts have recently weighed in on the stock. The Goldman Sachs Group raised shares of Julius Bär Gruppe to a “strong-buy” rating in a research report on Thursday, March 13th. Citigroup downgraded shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th.

Julius Bär Gruppe Trading Up 0.4 %

OTCMKTS:JBAXY opened at $14.08 on Tuesday. The stock has a fifty day simple moving average of $13.41 and a 200 day simple moving average of $12.78. Julius Bär Gruppe has a 1-year low of $10.33 and a 1-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. Shareholders 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 currently 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.