Julius Bär Gruppe (OTCMKTS:JBAXY) Receives Outperform Rating from Royal Bank of Canada

Julius Bär Gruppe (OTCMKTS:JBAXY)‘s stock had its “outperform” rating reissued by Royal Bank of Canada in a research note issued to investors on Thursday, The Fly reports.

A number of other brokerages have also issued reports on JBAXY. JPMorgan Chase & Co. restated an “overweight” rating on shares of Julius Bär Gruppe in a research note on Thursday, May 20th. Morgan Stanley reiterated an “overweight” rating on shares of Julius Bär Gruppe in a research note on Tuesday, June 29th. Kepler Capital Markets upgraded shares of Julius Bär Gruppe from a “hold” rating to a “buy” rating in a research note on Monday, March 29th. Credit Suisse Group reiterated an “outperform” rating on shares of Julius Bär Gruppe in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Julius Bär Gruppe in a research note on Tuesday, July 6th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Julius Bär Gruppe has an average rating of “Buy”.

Shares of Julius Bär Gruppe stock traded up $0.29 during trading on Thursday, reaching $12.86. The company had a trading volume of 173,673 shares, compared to its average volume of 103,516. The firm’s fifty day simple moving average is $13.13. Julius Bär Gruppe has a fifty-two week low of $7.90 and a fifty-two week high of $13.98.

About Julius Bär Gruppe

Julius Bär Gruppe AG provides wealth management solutions in Switzerland, Europe, Asia, and South America. 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: What is the market perform rating?

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Analyst Recommendations for Julius Bär Gruppe (OTCMKTS:JBAXY)

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