KeyCorp Weighs in on Market Vectors Indian Rupee/USD ETN FY2024 Earnings

Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) – Equities research analysts at KeyCorp issued their FY2024 earnings estimates for Market Vectors Indian Rupee/USD ETN in a research note issued on Tuesday, February 25th. KeyCorp analyst T. Rezvan forecasts that the company will post earnings per share of $2.22 for the year. KeyCorp currently has a “Overweight” rating and a $26.00 price objective on the stock. KeyCorp also issued estimates for Market Vectors Indian Rupee/USD ETN’s Q4 2024 earnings at $1.01 EPS, Q1 2025 earnings at $0.66 EPS, Q2 2025 earnings at $0.59 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $1.09 EPS, FY2025 earnings at $3.08 EPS, Q1 2026 earnings at $0.97 EPS, Q2 2026 earnings at $0.80 EPS, Q3 2026 earnings at $0.71 EPS, Q4 2026 earnings at $1.03 EPS and FY2026 earnings at $3.51 EPS.

Other equities research analysts have also recently issued research reports about the company. Citigroup assumed coverage on Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They issued a “buy” rating and a $27.00 price objective for the company. Royal Bank of Canada assumed coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They issued an “outperform” rating and a $30.00 price target on the stock. Raymond James initiated coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They issued a “strong-buy” rating and a $30.00 price objective for the company. Bank of America initiated coverage on shares of 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. Finally, Capital One Financial initiated coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Wednesday. They set an “overweight” rating on the stock. Six equities research 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.com, the company has a consensus rating of “Buy” and a consensus price target of $28.83.

Market Vectors Indian Rupee/USD ETN Trading Down 3.3 %

Market Vectors Indian Rupee/USD ETN stock opened at $18.14 on Thursday. Market Vectors Indian Rupee/USD ETN has a 1-year low of $17.82 and a 1-year high of $23.00. The firm has a 50-day moving average of $31.58 and a 200-day moving average of $36.41.

Insider Activity

In related news, Director Steven D. Gray acquired 15,000 shares of the stock in a transaction on Monday, February 3rd. The stock was acquired at an average price of $20.00 per share, for a total transaction of $300,000.00. Following the completion of the purchase, the director now owns 15,000 shares of the company’s stock, valued at $300,000. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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.