Sunrise Communications AG (NASDAQ:SNRE – Get Free Report) announced a — dividend on Wednesday, March 12th, Wall Street Journal reports. Shareholders of record on Friday, May 16th will be given a dividend of 3.7252 per share on Tuesday, May 27th. The ex-dividend date is Friday, May 16th.
Sunrise Communications Stock Up 0.8%
NASDAQ:SNRE opened at $53.75 on Wednesday. The stock’s 50-day simple moving average is $49.74. Sunrise Communications has a one year low of $42.51 and a one year high of $54.96.
Wall Street Analysts Forecast Growth
Separately, Redburn Atlantic downgraded shares of Sunrise Communications from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 20th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
About Sunrise Communications
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.
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