Sunrise Communications (NASDAQ:SNRE) Earns Buy Rating from Analysts at Redburn Atlantic

Redburn Atlantic initiated coverage on shares of Sunrise Communications (NASDAQ:SNRE) in a research report sent to investors on Wednesday, Marketbeat Ratings reports. The brokerage issued a buy rating on the stock.

SNRE has been the subject of several other research reports. UBS Group started coverage on Sunrise Communications in a research note on Monday, November 18th. They set a “buy” rating for the company. The Goldman Sachs Group raised Sunrise Communications to a “strong sell” rating in a research report on Monday, December 9th. Barclays assumed coverage on shares of Sunrise Communications in a research report on Monday, November 18th. They issued an “underweight” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Sunrise Communications in a research report on Thursday, November 21st. They set a “buy” rating for the company. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Sunrise Communications currently has a consensus rating of “Hold”.

Sunrise Communications Price Performance

Shares of NASDAQ SNRE opened at $47.80 on Wednesday. The business’s 50 day moving average price is $45.46. Sunrise Communications has a 1 year low of $42.35 and a 1 year high of $50.67.