Inter National Market Index’s (ADR) “Hold” Rating Reaffirmed at HSBC
ADR has been the subject of several other reports. Chardan Capital started coverage on Inter National Market Index in a report on Monday, July 11th. They issued a sell rating for the company. Canaccord Genuity reissued a buy rating on shares of Inter National Market Index in a report on Tuesday, August 16th. Morgan Stanley downgraded Inter National Market Index from an overweight rating to an equal weight rating in a report on Friday, July 22nd. They noted that the move was a valuation call. Barclays PLC started coverage on Inter National Market Index in a report on Monday, July 18th. They issued an underweight rating for the company. Finally, Citigroup Inc. cut Inter National Market Index from a neutral rating to a sell rating in a research report on Tuesday, July 26th. Seven research analysts have rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $43.06.
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