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ValuEngine upgraded Icahn Enterprises LP (NASDAQ:IEP) to Sell in a report released today.

Just yesterday Icahn Enterprises LP (NASDAQ:IEP) traded 2.61% higher at $48.46. Icahn Enterprises LP’s 50-day moving average is $54.60 and its 200-day moving average is $51.77. The last stock price is down 11.05% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 95,119 shares of IEP traded hands, up from an average trading volume of 72,306

ValuEngine has upgraded Icahn Enterprises LP (NASDAQ:IEP) to Sell in a report released on Friday June 02, 2017.

Previously on Friday March 03, 2017, UBS released a statement about Icahn Enterprises LP (NASDAQ:IEP) increased the target price from $30.00 to $40.00. At the time, this indicated a possible downside of -0.26%.

Recent Performance Chart

Icahn Enterprises LP (NASDAQ:IEP)

Icahn Enterprises LP has 52 week low of $45.87 and a 52 week high of $64.80 with a price-earnings ratio of 6.59 and has a total market value of $0.

Brief Synopsis About Icahn Enterprises LP (NASDAQ:IEP)

Icahn Enterprises L.P. (Icahn Enterprises) is a holding company. The Company's segments include Automotive, Energy, Metals, Railcar, Gaming, Food Packaging, Mining, Real Estate and Home Fashion. The Company's Investment segment includes various private investment funds. The Company operates its Automotive segment through its ownership in Federal-Mogul Holdings Corporation and IEH Auto Parts Holding LLC. The Company operates Energy segment through its controlling interest in CVR Energy, Inc. It operates its Metals segment through its subsidiary, PSC Metals, Inc. The Company operates its Railcar segment through its ownership interests in American Railcar Industries, Inc. Its Food Packaging segment consists of ownership in Viskase Companies, Inc. The Company's Real Estate operations consist of rental real estate, property development and associated resorts. It also owns a limited partner interest in Icahn Enterprises Holdings L.P. (Icahn Enterprises Holdings).

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