KeyCorp Forecasts Market Vectors Indian Rupee/USD ETN FY2024 Earnings

Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) – Equities research analysts at KeyCorp issued their FY2024 EPS estimates for shares of Market Vectors Indian Rupee/USD ETN in a research note issued on Tuesday, February 25th. KeyCorp analyst T. Rezvan anticipates that the company will earn $2.22 per share for the year. KeyCorp has a “Overweight” rating and a $26.00 price target 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.

Several other brokerages have also recently weighed in on INR. Citigroup began coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They issued a “buy” rating and a $27.00 target price on the stock. Capital One Financial assumed coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Wednesday. They issued an “overweight” rating on the stock. Royal Bank of Canada started coverage on shares of Market Vectors Indian Rupee/USD ETN in a research report on Tuesday. They set an “outperform” rating and a $30.00 price objective for the company. Raymond James began 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. Finally, Bank of America began coverage on Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They issued a “buy” rating and a $30.00 price target 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’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $28.83.

Market Vectors Indian Rupee/USD ETN Trading Down 0.8 %

Shares of INR opened at $18.75 on Thursday. Market Vectors Indian Rupee/USD ETN has a 1 year low of $18.09 and a 1 year high of $23.00. The stock has a 50-day simple moving average of $32.00 and a 200-day simple moving average of $36.54.

Insider Transactions at Market Vectors Indian Rupee/USD ETN

In other news, Director Steven D. Gray bought 15,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The stock was purchased at an average cost of $20.00 per share, with a total value of $300,000.00. Following the transaction, the director now directly owns 15,000 shares in the company, valued at $300,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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.