Redburn Atlantic Initiates Coverage on Sunrise Communications (NASDAQ:SNRE)

Redburn Atlantic assumed coverage on shares of Sunrise Communications (NASDAQ:SNRE) in a research note released on Wednesday morning, MarketBeat Ratings reports. The firm issued a buy rating on the stock.

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

Sunrise Communications Price Performance

NASDAQ:SNRE opened at $48.15 on Wednesday. Sunrise Communications has a twelve month low of $42.35 and a twelve month high of $50.67. The company has a fifty day moving average of $45.34.