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Sunrise Communications (NASDAQ:SNRE) Trading 4.1% Higher - Here's Why

Sunrise Communications logo with background

Shares of Sunrise Communications AG (NASDAQ:SNRE - Get Free Report) traded up 4.1% during trading on Thursday . The stock traded as high as $46.95 and last traded at $46.92. 685,122 shares changed 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 a number of analyst reports. UBS Group started coverage on shares of Sunrise Communications in a research report on Monday, November 18th. They issued a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on Sunrise Communications in a research note on Thursday, November 21st. They issued a "buy" rating for the company. The Goldman Sachs Group upgraded Sunrise Communications to a "strong sell" rating in a research report on Monday, December 9th. Finally, Barclays initiated coverage on Sunrise Communications in a research report on Monday, November 18th. They issued an "underweight" rating for the company.

Get Our Latest Stock Analysis on Sunrise Communications

Sunrise Communications Trading Down 3.2 %

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While Sunrise Communications currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

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