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

Shares of Julius Bär Gruppe AG (OTCMKTS:JBAXY) have earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

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

Julius Bär Gruppe Stock Performance

Shares of Julius Bär Gruppe stock opened at $14.08 on Tuesday. Julius Bär Gruppe has a 52-week low of $10.33 and a 52-week high of $14.34. The stock’s 50-day simple moving average is $13.38 and its 200 day simple moving average is $12.75.

Julius Bär Gruppe Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a dividend of $0.5684 per share. 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 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.