Redburn Atlantic cut shares of Sunrise Communications (NASDAQ:SNRE - Free Report) from a strong-buy rating to a hold rating in a research note released on Thursday morning,Zacks.com reports.
SNRE has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Sunrise Communications in a research report on Thursday, November 21st. They issued a "buy" rating on the stock. The Goldman Sachs Group upgraded shares of Sunrise Communications to a "strong sell" rating in a research note on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold".
View Our Latest Analysis on SNRE
Sunrise Communications Stock Performance
Sunrise Communications stock traded up $0.45 during midday trading on Thursday, reaching $46.66. The stock had a trading volume of 137,399 shares, compared to its average volume of 949,852. The company's fifty day moving average is $47.10. Sunrise Communications has a 1-year low of $42.51 and a 1-year high of $50.63.
Sunrise Communications Dividend Announcement
The company also recently announced a -- dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 16th will be paid a $3.7252 dividend. The ex-dividend date is Thursday, May 15th.
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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