Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) Coverage Initiated by Analysts at Capital One Financial

Capital One Financial assumed coverage on shares of Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) in a research note released on Wednesday morning, Marketbeat reports. The firm issued an overweight rating on the stock.

Several other equities analysts have also commented on INR. KeyCorp began coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They issued an “overweight” rating and a $26.00 price objective on the stock. Royal Bank of Canada initiated coverage on Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They set an “outperform” rating and a $30.00 price target on the stock. Stephens initiated coverage on Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They issued an “overweight” rating and a $30.00 price objective for the company. Raymond James started coverage on Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They set a “strong-buy” rating and a $30.00 target price on the stock. Finally, Bank of America initiated coverage on Market Vectors Indian Rupee/USD ETN in a research report on Tuesday. They issued a “buy” rating and a $30.00 target price for the company. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Market Vectors Indian Rupee/USD ETN currently has an average rating of “Buy” and an average target price of $28.83.

Market Vectors Indian Rupee/USD ETN Stock Down 0.8 %

NYSEARCA INR opened at $18.75 on Wednesday. The firm’s 50-day moving average is $32.00 and its two-hundred day moving average is $36.54. Market Vectors Indian Rupee/USD ETN has a 12 month low of $18.09 and a 12 month high of $23.00.

Insider Transactions 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 business’s stock in a transaction dated Monday, February 3rd. The shares were acquired at an average price of $20.00 per share, with a total value of $300,000.00. Following the transaction, the director now owns 15,000 shares of the company’s stock, valued at approximately $300,000. The trade was a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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.