Sunrise Communications AG (NASDAQ:SNRE - Get Free Report)'s share price fell 0.5% during mid-day trading on Wednesday . The company traded as low as $46.64 and last traded at $47.05. 387,137 shares traded hands during trading, a decline of 7% from the average session volume of 417,491 shares. The stock had previously closed at $47.31.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on SNRE. Redburn Atlantic began coverage on Sunrise Communications in a report on Wednesday, January 22nd. They set a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft began coverage on Sunrise Communications in a report on Thursday, November 21st. They set a "buy" rating on the stock. UBS Group began coverage on Sunrise Communications in a report on Monday, November 18th. They set a "buy" rating on the stock. Barclays began coverage on Sunrise Communications in a report on Monday, November 18th. They set an "underweight" rating on the stock. Finally, The Goldman Sachs Group upgraded Sunrise Communications to a "strong sell" rating in a report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold".
Check Out Our Latest Stock Report on SNRE
Sunrise Communications Stock Down 1.9 %
The firm has a 50-day moving average of $46.16.
Sunrise Communications Company Profile
(
Get Free Report)
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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