Julius Bär Gruppe (OTCMKTS:JBAXY) Downgraded to Hold Rating by UBS Group

UBS Group cut shares of Julius Bär Gruppe (OTCMKTS:JBAXY) from a strong-buy rating to a hold rating in a research note published on Friday,Zacks.com reports.

Several other analysts also recently commented on the stock. Citigroup downgraded shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. The Goldman Sachs Group raised shares of Julius Bär Gruppe to a “strong-buy” rating in a research report on Thursday, March 13th. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Julius Bär Gruppe Trading Up 0.9%

Shares of OTCMKTS JBAXY opened at $12.79 on Friday. Julius Bär Gruppe has a 1 year low of $10.62 and a 1 year high of $14.68. The company has a 50 day simple moving average of $12.76 and a 200 day simple moving average of $13.08.

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.