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Bankrate Inc (RATE) [hlAlert]

Rating:
Buy RATE
down 49.55 %

Bankrate Inc (RATE) rated Buy by BofA/Merrill

Posted on: Tuesday,  Jul 30, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Bankrate Inc (NYSE: RATE) on 07/30/2013, when the stock price was $19.13. Since
then, Bankrate Inc has lost 49.56% as of 01/20/2016's recent price of $9.65.
If you would have followed this BofA/Merrill's recommendation on RATE, you would have lost 49.55% of your investment in 904 days.

Bankrate, Inc. (Bankrate) is a publisher, aggregator and distributor of personal finance content on the Internet. The Company provides consumers with personal finance editorial content across multiple vertical categories, including mortgages, deposits, insurance, credit cards, and other categories. The Company's flagship Website, Bankrate.com, aggregates information on more than 300 financial products and fees, including mortgages, credit cards, automobile loans, money market accounts, certificates of deposit, checking and automated teller machine fees, home equity loans, and online banking fees. The Company offers services, including Mortgages and Home Lending, Deposits, Insurance, Credit Cards and Other Personal Finance Products. During the year ended December 31, 2010, Bankrate acquired certain assets and liabilities of Jim Wang Enterprises, LLC. The Company acquired the stock of NetQuote Holdings, Inc. and CreditCards.com. On January 1, 2011, Bankrate acquired Trouve Media.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2013 8:25 AM Buy
None
19.13
as of 12/13/2013
1 Week down  -6.37 %
1 Month down  -7.54 %
3 Months down  -4.59 %
1 YTD down  -10.97 %

(*) Stock Price at the time of the recommendation.
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