KeyCorp Estimates Market Vectors Indian Rupee/USD ETN FY2024 Earnings

Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) – Research analysts at KeyCorp issued their FY2024 earnings estimates for shares of Market Vectors Indian Rupee/USD ETN in a research report issued on Tuesday, February 25th. KeyCorp analyst T. Rezvan anticipates that the company will earn $2.22 per share for the year. KeyCorp has a “Overweight” rating and a $26.00 price objective on the stock. KeyCorp also issued estimates for Market Vectors Indian Rupee/USD ETN’s Q4 2024 earnings at $1.01 EPS, Q1 2025 earnings at $0.66 EPS, Q2 2025 earnings at $0.59 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $1.09 EPS, FY2025 earnings at $3.08 EPS, Q1 2026 earnings at $0.97 EPS, Q2 2026 earnings at $0.80 EPS, Q3 2026 earnings at $0.71 EPS, Q4 2026 earnings at $1.03 EPS and FY2026 earnings at $3.51 EPS.

Several other equities analysts have also recently weighed in on INR. Citigroup initiated coverage on Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They set a “buy” rating and a $27.00 price target on the stock. Raymond James began coverage on Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They issued a “strong-buy” rating and a $30.00 target price on the stock. Stephens began coverage on Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They set an “overweight” rating and a $30.00 price target for the company. Bank of America started coverage on shares of Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They issued a “buy” rating and a $30.00 price objective on the stock. Finally, Royal Bank of Canada initiated coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Tuesday. They set an “outperform” rating and a $30.00 target price for the company. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $28.83.

Market Vectors Indian Rupee/USD ETN Stock Performance

Shares of Market Vectors Indian Rupee/USD ETN stock opened at $18.14 on Thursday. Market Vectors Indian Rupee/USD ETN has a twelve month low of $17.82 and a twelve month high of $23.00. The company’s 50 day moving average is $31.58 and its 200 day moving average is $36.41.

Insider Buying and Selling

In other news, Director Steven D. Gray bought 15,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average price of $20.00 per share, for a total transaction of $300,000.00. Following the purchase, the director now owns 15,000 shares in the company, valued at $300,000. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

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.