Icahn Enterprises (NASDAQ:IEP) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Tuesday, January 2nd.
A number of other brokerages have also recently issued reports on IEP. UBS Group increased their target price on shares of Icahn Enterprises from $39.00 to $42.00 and gave the company a “sell” rating in a report on Wednesday, November 8th. ValuEngine lowered shares of Icahn Enterprises from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company’s stock. Icahn Enterprises has a consensus rating of “Hold” and a consensus price target of $51.50.
Icahn Enterprises (IEP) traded up $0.75 during midday trading on Tuesday, reaching $56.50. 105,200 shares of the company traded hands, compared to its average volume of 113,486. The stock has a market capitalization of $9,560.00, a PE ratio of 4.90 and a beta of 1.76. Icahn Enterprises has a 52-week low of $47.06 and a 52-week high of $61.50. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 1.00.
COPYRIGHT VIOLATION NOTICE: This story was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this story on another publication, it was copied illegally and reposted in violation of US and international copyright and trademark law. The correct version of this story can be accessed at https://stocknewstimes.com/2018/01/11/bidaskclub-upgrades-icahn-enterprises-iep-to-hold.html.
About Icahn Enterprises
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.
Receive News & Ratings for Icahn Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Icahn Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.