Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) Now Covered by Analysts at Truist Financial

Truist Financial initiated coverage on shares of Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) in a research report released on Friday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $26.00 price objective on the stock.

Other research analysts also recently issued research reports about the stock. Stephens initiated coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Tuesday. They issued an “overweight” rating and a $30.00 price objective for the company. Bank of America started coverage on shares of Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They set a “buy” rating and a $30.00 target price for the company. Royal Bank of Canada started coverage on shares of Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They set an “outperform” rating and a $30.00 target price for the company. Capital One Financial started coverage on shares of Market Vectors Indian Rupee/USD ETN in a research note on Wednesday. They set an “overweight” rating for the company. Finally, Raymond James started coverage on shares of Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They set a “strong-buy” rating and a $30.00 target price for the company. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $28.43.

Market Vectors Indian Rupee/USD ETN Trading Down 0.9 %

Shares of Market Vectors Indian Rupee/USD ETN stock opened at $17.98 on Friday. The firm has a 50-day simple moving average of $31.16 and a two-hundred day simple moving average of $36.28. Market Vectors Indian Rupee/USD ETN has a fifty-two week low of $17.32 and a fifty-two week 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 company’s stock in a transaction that occurred on Monday, February 3rd. The stock was bought at an average price of $20.00 per share, with a total value of $300,000.00. Following the purchase, the director now owns 15,000 shares in the company, valued at approximately $300,000. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through 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.