Sunrise Communications AG (NASDAQ:SNRE) Plans — Dividend of $3.73

Sunrise Communications AG (NASDAQ:SNRE) declared a — dividend on Thursday, March 13th, Wall Street Journal reports. Stockholders of record on Friday, May 16th will be given a dividend of 3.7252 per share on Tuesday, May 27th. The ex-dividend date of this dividend is Thursday, May 15th.

Sunrise Communications Stock Performance

Sunrise Communications stock opened at $45.96 on Friday. The company has a 50 day moving average price of $46.94. Sunrise Communications has a 12 month low of $42.51 and a 12 month high of $50.63.

Analyst Upgrades and Downgrades

SNRE has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on Sunrise Communications in a research note on Thursday, November 21st. They set a “buy” rating for the company. Redburn Atlantic assumed coverage on Sunrise Communications in a research note on Wednesday, January 22nd. They set a “buy” rating for 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 Sunrise Communications in a report on Monday, November 18th. They set a “buy” rating on the stock. Finally, The Goldman Sachs Group raised Sunrise Communications to a “strong sell” rating in a report on Monday, December 9th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold”.

Sunrise Communications Company Profile

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.