Sunrise Communications AG – Unsponsored Class A ADR (NASDAQ:SNRE) Given Average Rating of “Hold” by Analysts

Sunrise Communications AG – Unsponsored Class A ADR (NASDAQ:SNRE) has been given a consensus recommendation of “Hold” by the six ratings firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company.

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

Sunrise Communications AG – Unsponsored Class A Stock Performance

Shares of NASDAQ SNRE opened at $55.93 on Friday. The firm’s 50-day moving average price is $55.28 and its 200-day moving average price is $51.56. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.07. Sunrise Communications AG – Unsponsored Class A has a 1-year low of $42.35 and a 1-year high of $57.87.

Sunrise Communications AG – Unsponsored Class A (NASDAQ:SNRE) last issued its earnings results on Monday, May 19th. The company reported ($0.03) EPS for the quarter. The company had revenue of $803.10 million during the quarter.

Institutional Trading of Sunrise Communications AG – Unsponsored Class A

Hedge funds and other institutional investors have recently bought and sold shares of the business. KLP Kapitalforvaltning AS acquired a new position in Sunrise Communications AG – Unsponsored Class A during the second quarter worth $217,000. Autumn Glory Partners LLC bought a new stake in shares of Sunrise Communications AG – Unsponsored Class A during the second quarter worth about $236,000. Trust Co. of Vermont acquired a new stake in shares of Sunrise Communications AG – Unsponsored Class A in the 2nd quarter worth about $112,000. Bartlett & CO. Wealth Management LLC bought a new position in Sunrise Communications AG – Unsponsored Class A in the 2nd quarter valued at about $122,000. Finally, Signaturefd LLC acquired a new position in Sunrise Communications AG – Unsponsored Class A during the 2nd quarter valued at about $26,000.

About Sunrise Communications AG – Unsponsored Class A

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.