Bankrate (RATE) Getting Somewhat Favorable Media Coverage, Report Finds
News headlines about Bankrate (NYSE:RATE) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bankrate earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 45.4285502689911 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Red Ventures Announces Closing of Acquisition of Bankrate, Inc. (finance.yahoo.com)
- Donate to a Street Musician? Even That Has Gone Digital (wsj.com)
- Bankrate to divest Caring.com for Red Ventures merger -FTC (RATE) (markets.businessinsider.com)
Separately, BidaskClub lowered Bankrate from a “sell” rating to a “strong sell” rating in a research note on Friday, October 20th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. Bankrate presently has a consensus rating of “Hold” and a consensus price target of $14.00.
Bankrate (NYSE RATE) opened at $14.00 on Friday. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $1,260.00, a price-to-earnings ratio of 28.00 and a beta of 1.64. Bankrate has a 52-week low of $8.55 and a 52-week high of $14.25.
WARNING: “Bankrate (RATE) Getting Somewhat Favorable Media Coverage, Report Finds” was originally published by Watch List News and is the property of of Watch List News. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.watchlistnews.com/bankrate-rate-getting-somewhat-favorable-media-coverage-report-finds/1694481.html.
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.
Receive News & Ratings for Bankrate Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bankrate Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.