Sunrise Communications AG (NASDAQ:SNRE – Get Free Report) shares shot up 4.1% on Thursday . The company traded as high as $46.95 and last traded at $46.92. 685,122 shares were traded during mid-day trading, an increase of 81% from the average session volume of 378,925 shares. The stock had previously closed at $45.08.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the company. The Goldman Sachs Group upgraded Sunrise Communications to a “strong sell” rating in a research report on Monday, December 9th. UBS Group started coverage on Sunrise Communications in a report on Monday, November 18th. They issued a “buy” rating for the company. Barclays began 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 started coverage on Sunrise Communications in a research report on Thursday, November 21st. They set a “buy” rating for the company.
Check Out Our Latest Research Report on Sunrise Communications
Sunrise Communications Price Performance
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