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Sunrise Communications (NASDAQ:SNRE) Trading Up 4.1% - Time to Buy?

Sunrise Communications logo with background

Shares of Sunrise Communications AG (NASDAQ:SNRE - Get Free Report) traded up 4.1% during mid-day trading on Thursday . The stock traded as high as $46.95 and last traded at $46.92. 685,122 shares traded hands during trading, an increase of 81% from the average session volume of 378,925 shares. The stock had previously closed at $45.08.

Analyst Ratings Changes

SNRE has been the topic of several recent research reports. Barclays assumed coverage on Sunrise Communications in a research note on Monday, November 18th. They issued an "underweight" rating on the stock. 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 upgraded shares of Sunrise Communications to a "strong sell" rating in a research note on Monday, December 9th. Finally, UBS Group started coverage on shares of Sunrise Communications in a research note on Monday, November 18th. They set a "buy" rating for the company.

Read Our Latest Stock Report on Sunrise Communications

Sunrise Communications Stock Performance

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