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

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

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on Sunrise Communications

Sunrise Communications Trading Down 3.2 %

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