Sunrise Communications (NASDAQ:SNRE) Trading 4.1% Higher – Here’s Why

Sunrise Communications AG (NASDAQ:SNREGet Free Report)’s share price shot up 4.1% on Thursday . The company traded as high as $46.95 and last traded at $46.92. 685,122 shares were traded during trading, an increase of 81% from the average session volume of 378,925 shares. The stock had previously closed at $45.08.

Analyst Upgrades and Downgrades

SNRE has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft began coverage on shares of Sunrise Communications in a report on Thursday, November 21st. They issued a “buy” rating on the stock. The Goldman Sachs Group upgraded Sunrise Communications to a “strong sell” rating in a research note on Monday, December 9th. UBS Group assumed coverage on Sunrise Communications in a research note on Monday, November 18th. They issued a “buy” rating on the stock. Finally, Barclays began coverage on shares of Sunrise Communications in a research report on Monday, November 18th. They set an “underweight” rating for the company.

View Our Latest Research Report on Sunrise Communications

Sunrise Communications Stock Performance

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