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

Shares of Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) have been given an average rating of “N/A” by the zero ratings firms that are presently covering the firm, Marketbeat reports.

INR has been the subject of several research analyst reports. Raymond James began coverage on Market Vectors Indian Rupee/USD ETN in a research report on Tuesday, February 25th. They issued a “strong-buy” rating and a $30.00 price objective for the company. Capital One Financial initiated 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. Citigroup 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 $27.00 price target for the company. 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 objective on the stock. Finally, KeyCorp assumed coverage on Market Vectors Indian Rupee/USD ETN in a report on Tuesday, February 25th. They issued an “overweight” rating and a $26.00 price target for the company.

Insider Buying and Selling

In other news, Director Steven D. Gray acquired 15,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was acquired at an average cost of $20.00 per share, for a total transaction of $300,000.00. Following the acquisition, the director now directly owns 15,000 shares in the company, valued at approximately $300,000. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Market Vectors Indian Rupee/USD ETN Price Performance

Shares of INR stock opened at $17.88 on Friday. The stock has a 50 day simple moving average of $24.09 and a 200-day simple moving average of $33.75. Market Vectors Indian Rupee/USD ETN has a 12-month low of $14.83 and a 12-month high of $23.00.

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.