Truist Financial began coverage on shares of Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR – Free Report) in a report published on Friday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $26.00 target price on the stock.
Several other research firms also recently commented on INR. Stephens initiated coverage on Market Vectors Indian Rupee/USD ETN in a report on Tuesday, February 25th. They set an “overweight” rating and a $30.00 price objective for the company. Citigroup initiated coverage on Market Vectors Indian Rupee/USD ETN in a report on Tuesday, February 25th. They set a “buy” rating and a $27.00 price objective for the company. Raymond James assumed coverage on Market Vectors Indian Rupee/USD ETN in a report on Tuesday, February 25th. They set a “strong-buy” rating and a $30.00 price objective for the company. Capital One Financial assumed coverage on Market Vectors Indian Rupee/USD ETN in a research report on Wednesday, February 26th. They set an “overweight” rating on the stock. Finally, Royal Bank of Canada assumed coverage on Market Vectors Indian Rupee/USD ETN in a research report on Tuesday, February 25th. They set an “outperform” rating and a $30.00 target price on the stock. Seven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Market Vectors Indian Rupee/USD ETN has a consensus rating of “Buy” and a consensus price target of $28.43.
Get Our Latest Research Report on Market Vectors Indian Rupee/USD ETN
Market Vectors Indian Rupee/USD ETN Stock Performance
Shares of INR opened at $17.98 on Friday. Market Vectors Indian Rupee/USD ETN has a 1 year low of $17.32 and a 1 year high of $23.00. The business has a 50-day moving average of $31.16 and a 200-day moving average of $36.24.
Insiders Place Their Bets
In other Market Vectors Indian Rupee/USD ETN news, Director Steven D. Gray acquired 15,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were acquired at an average price of $20.00 per share, with a total value of $300,000.00. Following the completion of the transaction, the director now owns 15,000 shares in the company, valued at approximately $300,000. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.
Market Vectors Indian Rupee/USD ETN Company Profile
International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, Aer Lingus, and LEVEL brands.
Read More
Receive News & Ratings for Market Vectors Indian Rupee/USD ETN Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Market Vectors Indian Rupee/USD ETN and related companies with MarketBeat.com’s FREE daily email newsletter.
