Bankrate (RATE) Receiving Somewhat Positive Press Coverage, Study Shows

News articles about Bankrate (NYSE:RATE) have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bankrate earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 45.4522138546481 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Bankrate (RATE) opened at $14.00 on Friday. The company has a market capitalization of $1,260.00, a PE ratio of 28.00 and a beta of 1.64. The company has a quick ratio of 2.39, a current ratio of 2.39 and a debt-to-equity ratio of 0.44. Bankrate has a twelve month low of $8.55 and a twelve month high of $14.25.

Separately, BidaskClub downgraded Bankrate from a “sell” rating to a “strong sell” rating in a report on Friday, October 20th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $14.00.

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Bankrate Company Profile

Bankrate, Inc is a publisher, aggregator and distributor of personal finance content on the Internet. The Company provides consumers personal finance editorial content across multiple vertical categories, including mortgages, deposits, credit cards, senior care and other personal finance categories. The Company’s segments include Banking, Credit Cards, Senior Care and Other.

Insider Buying and Selling by Quarter for Bankrate (NYSE:RATE)

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