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

Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) has earned an average recommendation of “N/A” from the zero research firms that are currently covering the firm, Marketbeat.com reports.

A number of analysts have recently commented on the company. KeyCorp initiated 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 target price on the stock. Citigroup reduced their price objective on Market Vectors Indian Rupee/USD ETN from $27.00 to $23.00 and set a “buy” rating for the company in a research note on Friday, April 4th. Bank of America initiated coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Tuesday, February 25th. They set a “buy” rating and a $30.00 target price on the stock. Stephens reiterated an “overweight” rating and issued a $30.00 price target on shares of Market Vectors Indian Rupee/USD ETN in a research report on Friday, March 28th. Finally, Royal Bank of Canada began coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Tuesday, February 25th. They set an “outperform” rating and a $30.00 price objective on the stock.

Market Vectors Indian Rupee/USD ETN Stock Up 2.9 %

Shares of NYSEARCA INR opened at $16.15 on Wednesday. The business has a 50-day moving average of $17.50 and a two-hundred day moving average of $30.62. Market Vectors Indian Rupee/USD ETN has a 1 year low of $13.64 and a 1 year 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 acquired 15,000 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were acquired at an average price of $20.00 per share, for a total transaction of $300,000.00. Following the completion of the acquisition, the director now directly owns 15,000 shares of the company’s stock, valued at $300,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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.