Shares of Sunrise Communications AG (NASDAQ:SNRE - Get Free Report) traded down 4.6% during mid-day trading on Thursday . The stock traded as low as $43.26 and last traded at $43.64. 376,027 shares were traded during mid-day trading, a decline of 64% from the average session volume of 1,046,977 shares. The stock had previously closed at $45.75.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on SNRE shares. Deutsche Bank Aktiengesellschaft assumed coverage on Sunrise Communications in a report on Thursday, November 21st. They set a "buy" rating for the company. The Goldman Sachs Group raised shares of Sunrise Communications to a "strong sell" rating in a research note on Monday, December 9th. UBS Group started coverage on shares of Sunrise Communications in a report on Monday, November 18th. They issued a "buy" rating for the company. Redburn Atlantic assumed coverage on shares of Sunrise Communications in a research note on Wednesday, January 22nd. They set a "buy" rating on the stock. Finally, Barclays assumed coverage on shares of Sunrise Communications in a research report on Monday, November 18th. They issued an "underweight" rating for the company. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Sunrise Communications currently has an average rating of "Hold".
View Our Latest Stock Analysis on Sunrise Communications
Sunrise Communications Price Performance
The stock's 50-day moving average price is $46.76.
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.
Further Reading
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