Sunrise Communications AG - Unsponsored Class A ADR (NASDAQ:SNRE) Given Consensus Rating of "Hold" by Brokerages

Shares of Sunrise Communications AG - Unsponsored Class A ADR (NASDAQ:SNRE - Get Free Report) have been given a consensus recommendation of "Hold" by the six brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on 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.

Institutional Trading of Sunrise Communications AG - Unsponsored Class A

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC acquired a new position in shares of Sunrise Communications AG - Unsponsored Class A in the second quarter valued at $3,630,000. Almanack Investment Partners LLC. acquired a new position in shares of Sunrise Communications AG - Unsponsored Class A in the second quarter valued at approximately $279,000. Public Employees Retirement System of Ohio bought a new stake in Sunrise Communications AG - Unsponsored Class A in the second quarter valued at approximately $30,000. Signaturefd LLC bought a new position in shares of Sunrise Communications AG - Unsponsored Class A during the 2nd quarter worth approximately $26,000. Finally, Autumn Glory Partners LLC acquired a new position in shares of Sunrise Communications AG - Unsponsored Class A during the second quarter worth approximately $236,000.

Sunrise Communications AG - Unsponsored Class A Stock Down 1.1%

SNRE stock traded down $0.65 during mid-day trading on Tuesday, hitting $56.42. 118,225 shares of the company were exchanged, compared to its average volume of 130,980. Sunrise Communications AG - Unsponsored Class A has a twelve month low of $42.35 and a twelve month high of $57.87. The firm has a fifty day simple moving average of $54.10 and a 200 day simple moving average of $50.60. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.72 and a quick ratio of 0.72.

Sunrise Communications AG - Unsponsored Class A (NASDAQ:SNRE - Get Free Report) last released its quarterly earnings results on Monday, May 19th. The company reported ($0.03) EPS for the quarter. The business had revenue of $803.10 million for the quarter.

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.