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 a consensus recommendation of “N/A” by the zero analysts that are presently covering the firm, Marketbeat.com reports.

A number of equities research analysts have issued reports on the stock. Capital One Financial assumed coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Wednesday. They set an “overweight” rating 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 target price for the company. Stephens started coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They issued an “overweight” rating and a $30.00 target price for the company. Bank of America assumed 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 for the company. Finally, Citigroup assumed coverage on Market Vectors Indian Rupee/USD ETN in a research report on Tuesday. They set a “buy” rating and a $27.00 target price for the company.

Insider Transactions 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, for a total transaction of $300,000.00. Following the acquisition, the director now directly owns 15,000 shares in the company, valued at $300,000. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Market Vectors Indian Rupee/USD ETN Price Performance

Market Vectors Indian Rupee/USD ETN stock opened at $18.14 on Tuesday. The firm has a 50 day moving average of $31.58 and a 200 day moving average of $36.41. Market Vectors Indian Rupee/USD ETN has a 12-month low of $17.82 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.