Sunrise Communications AG – Unsponsored Class A ADR (NASDAQ:SNRE) Receives Consensus Recommendation of “Hold” from Brokerages

Sunrise Communications AG – Unsponsored Class A ADR (NASDAQ:SNRE) has earned a consensus rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company.

Separately, Berenberg Bank raised Sunrise Communications AG – Unsponsored Class A to a “hold” rating in a research report on Thursday, June 26th.

Sunrise Communications AG – Unsponsored Class A Trading Down 0.7%

Shares of NASDAQ SNRE opened at $55.93 on Wednesday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.72 and a current ratio of 0.72. The business has a 50-day moving average of $55.77 and a 200-day moving average of $52.51. Sunrise Communications AG – Unsponsored Class A has a fifty-two week low of $42.35 and a fifty-two week high of $57.87.

Hedge Funds Weigh In On Sunrise Communications AG – Unsponsored Class A

Several hedge funds and other institutional investors have recently made changes to their positions in SNRE. Anchor Investment Management LLC acquired a new position in shares of Sunrise Communications AG – Unsponsored Class A in the first quarter valued at $26,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Sunrise Communications AG – Unsponsored Class A during the 2nd quarter worth about $11,481,000. Almanack Investment Partners LLC. acquired a new position in Sunrise Communications AG – Unsponsored Class A in the 2nd quarter valued at about $279,000. Public Employees Retirement System of Ohio bought a new position in Sunrise Communications AG – Unsponsored Class A in the 2nd quarter valued at about $30,000. Finally, Signaturefd LLC acquired a new stake in Sunrise Communications AG – Unsponsored Class A during the second quarter worth approximately $26,000.

Sunrise Communications AG – Unsponsored Class A Company Profile

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.