Julius Bär Gruppe AG (OTCMKTS:JBAXY) Announces $0.16 Dividend

Julius Bär Gruppe AG (OTCMKTS:JBAXYGet Rating) announced a dividend on Thursday, April 14th, investing.com reports. Stockholders of record on Tuesday, April 19th will be paid a dividend of 0.162 per share on Wednesday, May 4th. This represents a dividend yield of 3.22%. The ex-dividend date is Monday, April 18th.

Shares of OTCMKTS:JBAXY opened at $10.90 on Thursday. The business has a 50 day moving average of $11.51 and a two-hundred day moving average of $12.77. Julius Bär Gruppe has a 12-month low of $9.47 and a 12-month high of $14.73.

A number of equities research analysts have issued reports on JBAXY shares. Keefe, Bruyette & Woods raised Julius Bär Gruppe from an “underperform” rating to a “market perform” rating and set a $66.00 price target on the stock in a research report on Thursday, January 6th. Deutsche Bank Aktiengesellschaft upgraded Julius Bär Gruppe from a “hold” rating to a “buy” rating in a research note on Thursday, April 7th. Credit Suisse Group reduced their price objective on Julius Bär Gruppe from CHF 72 to CHF 70 in a report on Thursday, February 3rd. UBS Group cut their price target on Julius Bär Gruppe from CHF 75 to CHF 67 in a report on Friday, March 11th. Finally, JPMorgan Chase & Co. lowered their price objective on Julius Bär Gruppe from CHF 71 to CHF 63 in a research report on Monday, March 14th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $66.00.

Julius Bär Gruppe Company Profile (Get Rating)

Julius Bär Gruppe AG provides wealth management solutions in Switzerland, Europe, Americas, Asia, and internationally. Its solutions include discretionary mandates, investment advisory mandates, securities execution and advisory, foreign exchange and precious metals, family office services, Lombard lending, structured products, global custody, real estate advisory and financing, and wealth planning.

Further Reading

Dividend History for Julius Bär Gruppe (OTCMKTS:JBAXY)

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