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Sunrise Communications Expands into Home Security Market

Story Highlights
  • Sunrise Communications AG expands its service portfolio with a new Home Security offer.
  • The new security solutions aim to fill the market gap between DIY kits and costly professional systems.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunrise Communications Expands into Home Security Market

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Sunrise Communications AG Class A ( (CH:SUNN) ) has provided an announcement.

Sunrise Communications AG has launched a new Home Security offer in response to rising crime rates in Switzerland, providing a unique combination of security devices, control apps, on-site security services, and insurance coverage. This initiative positions Sunrise as a competitive player in the home security market, offering affordable and professional protection solutions that fill the gap between low-cost DIY kits and expensive professional systems, potentially attracting both existing and new customers.

The most recent analyst rating on (CH:SUNN) stock is a Buy with a CHF51.00 price target. To see the full list of analyst forecasts on Sunrise Communications AG Class A stock, see the CH:SUNN Stock Forecast page.

More about Sunrise Communications AG Class A

Sunrise Communications AG Class A operates in the telecommunications industry, offering a range of services including internet, mobile, and now home security solutions. The company aims to enhance its service portfolio by integrating comprehensive security offerings that complement its existing telecommunications services.

YTD Price Performance: 39.27%

Average Trading Volume: 232,548

Technical Sentiment Signal: Strong Buy

Current Market Cap: CHF130.5M

Learn more about SUNN stock on TipRanks’ Stock Analysis page.

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