Sunrise Communications (NASDAQ:SNRE) Now Covered by Redburn Atlantic

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

Several other equities analysts have also recently issued reports on SNRE. The Goldman Sachs Group upgraded shares of Sunrise Communications to a “strong sell” rating in a research report on Monday, December 9th. Barclays started coverage on Sunrise Communications in a research report on Monday, November 18th. They set an “underweight” rating for the company. UBS Group initiated coverage on Sunrise Communications in a research report on Monday, November 18th. They issued a “buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft began coverage on Sunrise Communications in a research report on Thursday, November 21st. They set a “buy” rating for the company. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Sunrise Communications Price Performance

Sunrise Communications stock opened at $48.15 on Wednesday. The firm has a 50 day moving average price of $45.34. Sunrise Communications has a 1 year low of $42.35 and a 1 year high of $50.67.