Sunrise Communications AG (NASDAQ:SNRE - Get Free Report) announced a -- dividend on Thursday, March 13th, Wall Street Journal reports. Investors of record on Friday, May 16th will be given a dividend of 3.7252 per share on Tuesday, May 27th. The ex-dividend date of this dividend is Thursday, May 15th.
Sunrise Communications Stock Performance
SNRE traded up $0.32 during trading on Monday, hitting $46.28. The company's stock had a trading volume of 331,231 shares, compared to its average volume of 983,171. The company's 50 day moving average price is $46.94. Sunrise Communications has a 12 month low of $42.51 and a 12 month high of $50.63.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on SNRE shares. Barclays initiated coverage on Sunrise Communications in a report on Monday, November 18th. They issued an "underweight" rating for the company. Redburn Atlantic started coverage on shares of Sunrise Communications in a research report on Wednesday, January 22nd. They set a "buy" rating on the stock. UBS Group began coverage on shares of Sunrise Communications in a report on Monday, November 18th. They issued a "buy" rating for the company. The Goldman Sachs Group raised Sunrise Communications to a "strong sell" rating in a report on Monday, December 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Sunrise Communications in a research note on Thursday, November 21st. They issued a "buy" rating for the company. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to data from MarketBeat, Sunrise Communications has an average rating of "Hold".
Get Our Latest Stock Analysis on SNRE
Sunrise Communications Company Profile
(
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Sunrise Communications AG engages in the provision of telecommunications solutions. The firm offers mobile, broadband, TV, and fixed-line telephony services to residential customers. It also provides mobile and broadband services, as well as a range of value-added portfolio services, including cloud services, cybersecurity, and automation to business customers.
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