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

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

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

Sunrise Communications AG – Unsponsored Class A Stock Down 0.7%

Shares of NASDAQ SNRE opened at $55.93 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.07. The stock’s fifty day moving average price is $55.77 and its two-hundred day moving average price is $52.51. Sunrise Communications AG – Unsponsored Class A has a one year low of $42.35 and a one year high of $57.87.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SNRE. Dodge & Cox bought a new position in Sunrise Communications AG – Unsponsored Class A in the 2nd quarter valued at about $129,495,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Sunrise Communications AG – Unsponsored Class A during the 2nd quarter worth approximately $20,757,000. SG Americas Securities LLC bought a new position in Sunrise Communications AG – Unsponsored Class A in the second quarter valued at approximately $11,513,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Sunrise Communications AG – Unsponsored Class A during the 2nd quarter worth $11,481,000. Finally, JPMorgan Chase & Co. acquired a new position in Sunrise Communications AG – Unsponsored Class A during the second quarter worth about $9,952,000.

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.