Tigress Financial Forecasts Strong Price Appreciation for Main International ETF (BATS:INTL) Stock

Main International ETF (BATS:INTL) had its price objective raised by equities researchers at Tigress Financial from $52.00 to $66.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Tigress Financial’s price target points to a potential upside of 121.74% from the company’s current price.

Main International ETF Stock Up 35.5%

Shares of INTL opened at $29.77 on Wednesday. The business has a fifty day moving average of $28.40 and a 200 day moving average of $27.62. The company has a market cap of $153.59 million, a PE ratio of 16.04 and a beta of 0.80. Main International ETF has a 52-week low of $20.42 and a 52-week high of $26.58.

Institutional Investors Weigh In On Main International ETF

A hedge fund recently raised its stake in Main International ETF stock. Main Management LLC raised its stake in Main International ETF (BATS:INTL) by 0.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,633,161 shares of the company’s stock after acquiring an additional 12,549 shares during the period. Main International ETF accounts for about 7.4% of Main Management LLC’s investment portfolio, making the stock its 4th biggest holding. Main Management LLC owned about 70.41% of Main International ETF worth $93,659,000 as of its most recent filing with the Securities & Exchange Commission.

About Main International ETF

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.