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Sidoti downgraded Bankrate (NYSE:RATE) from Buy to Neutral in a report released today.

Yesterday Bankrate (NYSE:RATE) traded -0.36% lower at $12.85. The company’s 50-day moving average is $13.90 and its 200-day moving average is $11.49. The last closing price is up 20.09% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 59,273 shares of the stock were exchanged, down from an average trading volume of 1,040,760

Sidoti has downgraded Bankrate (NYSE:RATE) from Buy to Neutral in a report released on 07/03/2017.

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Bankrate (NYSE:RATE)

Bankrate has a 52 week low of $7.10 and a 52 week high of $14.25 The company’s market cap is currently $0.

In addition to Sidoti reporting its target price, a total of 8 brokers have issued a report on the stock. The consensus target price is $12.44 with 3 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Bankrate (NYSE:RATE)

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. The Company provides a range of digital display advertising formats. The Company is also engaged in the sale of print advertisements and the distribution (or syndication) of its editorial content. The Company offers branded content that educates consumers and financial professionals on a range of personal finance topics. The Company provides a platform for consumers searching for competitive rates on mortgages, deposits and money market accounts.

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