Sunrise Communications (NASDAQ:SNRE) Trading Up 4.1% – Here’s What Happened

Sunrise Communications AG (NASDAQ:SNREGet Free Report) rose 4.1% on Thursday . The company traded as high as $46.95 and last traded at $46.92. Approximately 685,122 shares traded hands during trading, an increase of 81% from the average daily volume of 378,925 shares. The stock had previously closed at $45.08.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Barclays assumed coverage on Sunrise Communications in a report on Monday, November 18th. They set an “underweight” rating on the stock. UBS Group assumed coverage on shares of Sunrise Communications in a research note on Monday, November 18th. They issued 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, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Sunrise Communications in a research report on Thursday, November 21st. They issued a “buy” rating for the company.

Read Our Latest Report on Sunrise Communications

Sunrise Communications Price Performance

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