UBS Just Issued “Sell” Rating on Icahn Enterprises LP (IEP)

Icahn Enterprises LP (IEP) was Reiterated by UBS to “Sell” according to the research note released today. The brokerage firm has raised the Price Target to $ 40 from a previous price target of $30 . UBS advised their Clients and Investors in a research report released on Mar 3, 2017.

Based on several research reports , Company shares were Reiterated by UBS on Mar 3, 2017 to “Sell”, Firm has raised the Price Target to $ 40 from a previous price target of $30 .Company shares were Reiterated by UBS on Mar 3, 2017 to “Sell”, Firm has raised the Price Target to $ 40 from a previous price target of $30 .

Several company insiders have filed Insider transactions , on Feb 24, 2017, James Larry Nelson (director) purchased 92 shares at $53.71 per share price. According to the SEC, on Feb 24, 2017, Jack Gumpert Wasserman (director) purchased 62 shares at $53.71 per share price.

Icahn Enterprises LP opened for trading at $55.3 and hit $55.78 on the upside on Monday, eventually ending the session at $55.68, with a gain of 1.27% or 0.7 points. The heightened volatility saw the trading volume jump to 1,08,724 shares. Company has a market cap of $8,059 M.

Icahn Enterprises L.P. (Icahn Enterprises) is a diversified holding company. The Company owns subsidiaries which are engaged in the following operating businesses: Investment Automotive Energy Metals Railcar Gaming Food Packaging Real Estate and Home Fashion. The Company owns a 99% limited partner interest in Icahn Enterprises Holdings L.P. (Icahn Enterprises Holdings). All of its assets and liabilities are owned through Icahn Enterprises Holdings and all of its operations are conducted through Icahn Enterprises Holdings and its subsidiaries. The Company’s subsidiaries include CVR Energy Inc. WestPoint Home LLC Viskase Companies Inc. Tropicana Entertainment Inc. and PSC Metals Inc.

Icahn Enterprises LP

You might also like

Leave a Reply

Your email address will not be published. Required fields are marked *