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

Shares of Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) have been assigned an average rating of “N/A” from the zero analysts that are covering the stock, MarketBeat Ratings reports.

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

Market Vectors Indian Rupee/USD ETN Trading Up 2.9 %

Shares of Market Vectors Indian Rupee/USD ETN stock opened at $16.15 on Wednesday. The firm has a 50-day simple moving average of $17.50 and a two-hundred day simple moving average of $30.50. Market Vectors Indian Rupee/USD ETN has a fifty-two week low of $13.64 and a fifty-two week high of $23.00.

Insider Activity at Market Vectors Indian Rupee/USD ETN

In other Market Vectors Indian Rupee/USD ETN news, Director Steven D. Gray bought 15,000 shares of the company’s stock in a transaction 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 transaction, the director now owns 15,000 shares of the company’s stock, valued at approximately $300,000. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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.