Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) Given Average Recommendation of “N/A” by Analysts

Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) has received a consensus recommendation of “N/A” from the zero analysts that are covering the company, Marketbeat Ratings reports.

A number of analysts recently commented on the company. Truist Financial began coverage on Market Vectors Indian Rupee/USD ETN in a research report on Friday, February 28th. They issued a “buy” rating and a $26.00 price objective for the company. Stephens reaffirmed an “overweight” rating and set a $30.00 price objective on shares of Market Vectors Indian Rupee/USD ETN in a research note on Friday, March 28th. Raymond James cut their price target on shares of Market Vectors Indian Rupee/USD ETN from $30.00 to $29.00 and set a “strong-buy” rating on the stock in a research note on Friday, April 4th. KeyCorp began coverage on Market Vectors Indian Rupee/USD ETN in a research report on Tuesday, February 25th. They set an “overweight” rating and a $26.00 price objective for the company. Finally, Bank of America started coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Tuesday, February 25th. They issued a “buy” rating and a $30.00 target price for the company.

Insider Activity at Market Vectors Indian Rupee/USD ETN

In other news, Director Steven D. Gray purchased 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 of the company’s stock, valued at $300,000. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Market Vectors Indian Rupee/USD ETN Price Performance

INR opened at $15.47 on Wednesday. The company’s 50 day simple moving average is $17.83 and its 200-day simple moving average is $30.98. Market Vectors Indian Rupee/USD ETN has a one year low of $13.64 and a one year high of $23.00.

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.