Julius Baer Group

Julius Baer is engaged in private banking activities primarily in Switzerland, Europe, Asia and South America. Co. focuses in private banking, which includes certain internal supporting functions which serve entirely the core business activities.
  • TickerBAER
  • ISINCH0102484968
  • ExchangeSix Swiss Exchange
  • SectorBanks
  • CountrySwitzerland

Julius Bär Gruppe Ag: 1 director sold

A director at Julius Bär Gruppe Ag sold 10,000 shares at 42.260CHF and the significance rating of the trade was 81/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of...

An increasingly favourable environment allows JULIUS BAER GRUPPE AG to improve to Neutral

The independent financial analyst theScreener just upgraded the general evaluation of JULIUS BAER GRUPPE AG (CH), a company active in the Money Center Banks industry. As regards its fundamental valuation, the title confirms its rating of 3 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date June 2, 2020, the closing price was CHF 42.67 and its expected value was estimated at CHF 36.69.

Jean Sassus ...
  • Steven Gould

ODDO : Painful and selective but not deadly

The impact of the pandemic will be strong: support measures will not be enough to avert a sharp increase in risk. However, current valuations (P/BV = 0.36x) underestimate the sector's resilience. The undifferentiated correction is an opportunity to bet on a more selective return to normal: upgrade to BUY for KBC and Amundi, downgrade to reduce for UBS, CS and ISP. - - >Fear of systemic risks opens up opportunities - With a shareholders’ equity multiple of 0.35x, the sec...

Jean Sassus ...
  • Steven Gould

ODDO : Douloureux et sélectif mais pas mortel

L’impact de la pandémie sera fort : les mesures de soutien ne pourront pas éviter une forte hausse du risque. Cependant, les valorisations (P/BV = 0.36x) sous-estiment la capacité de résistance du secteur. La correction indifférenciée est une opportunité de parier sur un retour à la normale sélectif. Nous relevons notre recommandation à Achat sur KBC et Amundi et dégradons UBS, Credit Suisse et Intesa à Alléger. - >La crainte de risque systémique ouvre des opportunités - §s...

Alain William ...
  • Alfred Glaser
  • Baptiste Lebacq
  • Bruno Cavalier
  • Delphine Brault
  • Fatma Agnès Hamdani
  • Jean Danjou
  • Jean Sassus
  • Jean-François Granjon
  • Samantha Jeary
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/30/2020

While the direct impact of COVID-19 is likely to be relatively limited, the consequences of the financial crisis will be more significant (lower equity markets, losses on fixed-income products). But solvency margins are set to remain robust. The sell-off in the sector (-29% YTD) looks overdone and we have upgraded our ratings on Allianz and Scor. We have cut our rating to Reduce vs Neutral on Hannover Re on valuation grounds (sizeable premium to the rest of the sector). AXA remains ou...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Europe & the UK remain in focus The MSCI ACWI ex-U.S. is breaking topside its nearly 14-month downtrend and above key resistance. The move is being fueled by improvements throughout most of Europe and the UK, along with strength in China over the past 2-3 months. We believe these positive developments are supportive of higher equity prices moving forward. As a result of these and several other observations highlighted below, our outlook on global equities is positive. • Europe & the UK. As has been the case over the last several weeks, a major focus of ours within global equities (ex-U.S.) h...

Matthieu DRIOL

Short term view - JULIUS BAER GROUP LTD : The background trend is clearly bearish.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at CHF 46.89. The next target is at CHF 43.32, then CHF 40.94. Passing CHF 51.28 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - JULIUS BAER GROUP LTD : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 46,89 CHF prochainement. Le prochain objectif est à 43,32 CHF, puis 40,94 CHF. Le franchissement de 51,28 CHF remettrait en cause la suite de la baisse.

Matthieu DRIOL

Analyse court terme - JULIUS BAER GROUP LTD : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 43,32 CHF. La tendance de fond serait remise en cause en cas de franchissement de 51,28 CHF.

Matthieu DRIOL

Short term view - JULIUS BAER GROUP LTD : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at CHF 43.32. The background trend would be questioned should prices rise above CHF 51.28.

Julius Bär Gruppe Ag: 1 director sold

A director at Julius Bär Gruppe Ag sold 10,000 shares at 42.260CHF and the significance rating of the trade was 81/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of...

Jean Sassus ...
  • Steven Gould

ODDO : Painful and selective but not deadly

The impact of the pandemic will be strong: support measures will not be enough to avert a sharp increase in risk. However, current valuations (P/BV = 0.36x) underestimate the sector's resilience. The undifferentiated correction is an opportunity to bet on a more selective return to normal: upgrade to BUY for KBC and Amundi, downgrade to reduce for UBS, CS and ISP. - - >Fear of systemic risks opens up opportunities - With a shareholders’ equity multiple of 0.35x, the sec...

Jean Sassus ...
  • Steven Gould

ODDO : Douloureux et sélectif mais pas mortel

L’impact de la pandémie sera fort : les mesures de soutien ne pourront pas éviter une forte hausse du risque. Cependant, les valorisations (P/BV = 0.36x) sous-estiment la capacité de résistance du secteur. La correction indifférenciée est une opportunité de parier sur un retour à la normale sélectif. Nous relevons notre recommandation à Achat sur KBC et Amundi et dégradons UBS, Credit Suisse et Intesa à Alléger. - >La crainte de risque systémique ouvre des opportunités - §s...

Jean Sassus ...
  • Steven Gould

ODDO : Payment of dividends postponed

>ECB postpones but does not officially cancel dividend payment for 2019 - The ECB has asked banks to suspend dividend payments until at least 1 October 2020. This move concerns dividends for 2019 and 2020. It has also asked banks to refrain from proceeding with share buybacks. We think that the ECB is also aiming at the quarterly provisioning of the 2020 dividends.These recommendations do not apply to dividends already paid. Instead, the ECB is calling for an ame...

Jean Sassus ...
  • Steven Gould

ODDO : Report du paiement des dividendes

>La BCE reporte mais n’annule pas formellement le paiement des dividendes 2019 - La BCE demande aux banques de suspendre le paiement des dividendes au moins jusqu’au 1er octobre 2020. Cela concerne les dividendes 2019 et 2020. Elle demande également aux banques de s’abstenir de mettre en œuvre des rachats d’actions. Nous estimons que la BCE vise aussi le provisionnement trimestriel des dividendes 2020.Ces recommandations ne s’appliquent pas aux dividendes déjà ve...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Fehmi Ben Naamane
  • Geoffroy Michalet
  • Hana Maalej
  • Hela Zarrouk
  • Jean Sassus
  • Jeremy Garnier
  • Jerôme Bodin
  • Louis Boujard, CFA
  • Martial Descoutures
  • Nicolas Thorez
  • Oussema Denguir
  • Philippe Ourpatian
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF Small & MIDCAP MORNING NEWS - 03/12/2020

While Data Respons is a quality target in our view, financial value creation is pre1eempted by the high price tag (16.5x EBIT), which implies a low ROIC (5.4%e in 2021e). Moreover, after this deal, exposure to the automotive, aerospace and oil sectors – the sectors hardest hit by the coronavirus – remains high (around 63% of revenues), while debt rises to a huge level for the sector. As a result, we lower our estimates for the existing scope and our target price (€ 35 vs € 59), and dow...

Alain William ...
  • Alfred Glaser
  • Baptiste Lebacq
  • Bruno Cavalier
  • Delphine Brault
  • Fatma Agnès Hamdani
  • Jean Danjou
  • Jean Sassus
  • Jean-François Granjon
  • Samantha Jeary
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/30/2020

While the direct impact of COVID-19 is likely to be relatively limited, the consequences of the financial crisis will be more significant (lower equity markets, losses on fixed-income products). But solvency margins are set to remain robust. The sell-off in the sector (-29% YTD) looks overdone and we have upgraded our ratings on Allianz and Scor. We have cut our rating to Reduce vs Neutral on Hannover Re on valuation grounds (sizeable premium to the rest of the sector). AXA remains ou...

Alain William ...
  • Alfred Glaser
  • Baptiste Lebacq
  • Bruno Cavalier
  • Delphine Brault
  • Fatma Agnès Hamdani
  • Jean Danjou
  • Jean Sassus
  • Jean-François Granjon
  • Samantha Jeary
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 30/03/2020

Si l’impact direct du COVID-19 devrait rester relativement limité, les conséquences de la crise financière seront plus importantes (baisse des actions, pertes sur les produits de taux). Les marges de solvabilité restent toutefois solides. La forte baisse du secteur (-29% YTD) apparaît exagérée et nous relevons à l’Achat notre opinion sur Allianz et Scor. Nous réduisons à Alléger vs Neutre celle sur Hannover Re pour des raisons de valorisation (prime importante vs reste du secteur. AXA...

Benoit Valleaux ...
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard, CFA
  • Matthias Desmarais
  • Philippe Ourpatian
  • Roland Pfaender,MBA,CFA,CCRA
  • Steven Gould
  • Sven Edelfelt
  • Sylvain Goyon, CFA
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/12/2020

Investors are desperately trying to determine a floor for the valuation of indices. Until this is achieved the risk/opportunity ratio cannot be calculated and volatility will persist. We therefore understand that the winning “Buy the Dip” mantra since March 2009 is no longer a magic utterance. We propose four scenarios (weak shock, moderate shock, strong shock, and crisis) and five methods to calculate the Stoxx 600 target. In short, if you believe the epidemic will be rapidly brought...

Benoit Valleaux ...
  • Geoffroy Michalet
  • Jean Sassus
  • Johanna Jourdain
  • Louis Boujard, CFA
  • Matthias Desmarais
  • Philippe Ourpatian
  • Roland Pfaender,MBA,CFA,CCRA
  • Steven Gould
  • Sven Edelfelt
  • Sylvain Goyon, CFA
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 12/03/2020

Les investisseurs cherchent désespérément à déterminer un plancher à la valorisation des indices. Tant que ceci n’est pas réalisé le ratio risque opportunité n’est pas calculable et la volatilité perdurera. On comprend alors que le “Buy the Dip” gagnant depuis mars 2009 ne soit plus un mantra magique. Nous proposons 4 scénarios (choc faible, modéré, fort, crise) et 5 méthodes de calcul de cible de Stoxx 600. En un mot si vous croyez à un contrôle rapide de l’épidémie le marché offre u...

Alexandre Iatrides ...
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Charles Lepetitpas
  • Delphine Brault
  • Emira Sagaama
  • Emmanuel Matot
  • Jean Danjou
  • Jean Sassus
  • Martial Descoutures
  • Matthias Desmarais
  • Nicolas David
  • Oussema Denguir
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 01/29/2020

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An increasingly favourable environment allows JULIUS BAER GRUPPE AG to improve to Neutral

The independent financial analyst theScreener just upgraded the general evaluation of JULIUS BAER GRUPPE AG (CH), a company active in the Money Center Banks industry. As regards its fundamental valuation, the title confirms its rating of 3 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date June 2, 2020, the closing price was CHF 42.67 and its expected value was estimated at CHF 36.69.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Julius Baer – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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