Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) Receives Consensus Recommendation of “N/A” from Analysts

Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) has received an average rating of “N/A” from the zero brokerages that are presently covering the company, Marketbeat reports.

Several equities analysts have recently commented on INR shares. Truist Financial began coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Friday, February 28th. They issued a “buy” rating and a $26.00 target price on the stock. Capital One Financial assumed coverage on shares of Market Vectors Indian Rupee/USD ETN in a research note on Wednesday, February 26th. They issued an “overweight” rating on the stock. Stephens restated an “overweight” rating and set a $30.00 price objective on shares of Market Vectors Indian Rupee/USD ETN in a research report on Friday. KeyCorp began coverage on Market Vectors Indian Rupee/USD ETN in a research report on Tuesday, February 25th. They issued an “overweight” rating and a $26.00 target price on the stock. Finally, Royal Bank of Canada initiated coverage on Market Vectors Indian Rupee/USD ETN in a report on Tuesday, February 25th. They set an “outperform” rating and a $30.00 price target for the company.

Insiders Place Their Bets

In other Market Vectors Indian Rupee/USD ETN news, Director Steven D. Gray acquired 15,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were purchased at an average cost of $20.00 per share, for a total transaction of $300,000.00. Following the completion of the purchase, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Market Vectors Indian Rupee/USD ETN Stock Performance

Shares of INR stock opened at $17.98 on Friday. Market Vectors Indian Rupee/USD ETN has a one year low of $14.83 and a one year high of $23.00. The company’s fifty day moving average price is $22.42 and its 200-day moving average price is $33.24.

About Market Vectors Indian Rupee/USD ETN

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.