Sunrise Communications AG (SNRE) to Issue — Dividend of $3.73 on May 27th

Sunrise Communications AG (NASDAQ:SNRE) announced a — dividend on Thursday, March 13th, Wall Street Journal reports. Investors of record on Friday, May 16th will be paid a dividend of 3.7252 per share on Tuesday, May 27th. The ex-dividend date is Thursday, May 15th.

Sunrise Communications Stock Up 1.3 %

Shares of Sunrise Communications stock opened at $45.96 on Friday. Sunrise Communications has a 12 month low of $42.51 and a 12 month high of $50.63. The business’s fifty day moving average is $46.94.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SNRE. The Goldman Sachs Group raised Sunrise Communications to a “strong sell” rating in a research note on Monday, December 9th. Barclays began coverage on Sunrise Communications in a research note on Monday, November 18th. They issued an “underweight” rating for the company. Deutsche Bank Aktiengesellschaft began coverage on Sunrise Communications in a report on Thursday, November 21st. They issued a “buy” rating on the stock. UBS Group began coverage on Sunrise Communications in a report on Monday, November 18th. They issued a “buy” rating on the stock. Finally, Redburn Atlantic began coverage on Sunrise Communications in a report on Wednesday, January 22nd. They issued a “buy” rating on the stock. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Sunrise Communications Company Profile

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.