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

Shares of Sunrise Communications AG – Unsponsored Class A ADR (NASDAQ:SNREGet Free Report) have been assigned a consensus recommendation of “Hold” from the six brokerages that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company.

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

View Our Latest Report on Sunrise Communications AG – Unsponsored Class A

Sunrise Communications AG – Unsponsored Class A Price Performance

NASDAQ SNRE opened at $55.93 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.72 and a quick ratio of 0.72. The business has a fifty day simple moving average of $55.77 and a 200 day simple moving average of $52.51. Sunrise Communications AG – Unsponsored Class A has a 12 month low of $42.35 and a 12 month high of $57.87.

Institutional Trading of Sunrise Communications AG – Unsponsored Class A

A number of institutional investors and hedge funds have recently modified their holdings of the business. Anchor Investment Management LLC purchased a new position in Sunrise Communications AG – Unsponsored Class A in the first quarter worth $26,000. Acadian Asset Management LLC purchased a new position in shares of Sunrise Communications AG – Unsponsored Class A in the 1st quarter worth about $195,000. Goldman Sachs Group Inc. purchased a new position in shares of Sunrise Communications AG – Unsponsored Class A in the 1st quarter worth about $8,207,000. Central Pacific Bank Trust Division bought a new position in Sunrise Communications AG – Unsponsored Class A during the second quarter valued at about $175,000. Finally, RMR Wealth Builders purchased a new stake in Sunrise Communications AG – Unsponsored Class A during the second quarter worth about $262,000.

Sunrise Communications AG – Unsponsored Class A 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

Analyst Recommendations for Sunrise Communications AG - Unsponsored Class A (NASDAQ:SNRE)

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