Q2 EPS Estimate for Market Vectors Indian Rupee/USD ETN Increased by Analyst

Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) – Capital One Financial raised their Q2 2025 EPS estimates for shares of Market Vectors Indian Rupee/USD ETN in a note issued to investors on Thursday, May 15th. Capital One Financial analyst B. Velie now forecasts that the company will post earnings per share of $0.77 for the quarter, up from their previous forecast of $0.74. Capital One Financial has a “Overweight” rating on the stock.

Other research analysts also recently issued research reports about the stock. Stephens restated 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. Royal Bank of Canada began coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Tuesday, February 25th. They issued an “outperform” rating and a $30.00 price target on the stock. Truist Financial began coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Friday, February 28th. They issued a “buy” rating and a $26.00 price target on the stock. Raymond James dropped 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 report on Friday, April 4th. Finally, Bank of America began 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 price target on the stock. Seven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Market Vectors Indian Rupee/USD ETN presently has a consensus rating of “Buy” and an average target price of $27.43.

Market Vectors Indian Rupee/USD ETN Stock Performance

Shares of NYSEARCA INR opened at $17.62 on Friday. Market Vectors Indian Rupee/USD ETN has a 52-week low of $13.64 and a 52-week high of $23.00. The company’s 50 day moving average price is $16.68 and its 200-day moving average price is $27.51.

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.