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

Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) has been given a consensus recommendation of “N/A” by the zero research firms that are covering the company, MarketBeat.com reports.

INR has been the topic of a number of research reports. 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 on the stock. KeyCorp began coverage on shares of Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They issued an “overweight” rating and a $26.00 price objective on the stock. Citigroup assumed coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They issued a “buy” rating and a $27.00 target price for the company. Bank of America started coverage on Market Vectors Indian Rupee/USD ETN in a research report on Tuesday. They issued a “buy” rating and a $30.00 price target on the stock. Finally, Raymond James began coverage on Market Vectors Indian Rupee/USD ETN in a research report on Tuesday. They set a “strong-buy” rating and a $30.00 price objective for the company.

Insider Activity at Market Vectors Indian Rupee/USD ETN

In related news, Director Steven D. Gray bought 15,000 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was bought at an average cost of $20.00 per share, with a total value of $300,000.00. Following the completion of the acquisition, the director now owns 15,000 shares in the company, valued at approximately $300,000. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Market Vectors Indian Rupee/USD ETN Stock Up 0.2 %

Shares of NYSEARCA INR traded up $0.04 during trading hours on Tuesday, reaching $19.17. The stock had a trading volume of 33,640 shares, compared to its average volume of 322,888. Market Vectors Indian Rupee/USD ETN has a fifty-two week low of $18.47 and a fifty-two week high of $23.00. The firm has a 50-day moving average of $32.81 and a 200-day moving average of $36.82.

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.