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Shares of Western Refining Logistics LP (NASDAQ:WNRL) hit a new 52-week high during trading hours on Monday, American Banking and Market News reports. The company traded as high as $28.21 and last traded at $27.73, with a volume of 117,272 shares trading hands. The stock had previously closed at $27.70.

A number of analysts have recently weighed in on WNRL shares. Analysts at Barclays initiated coverage on shares of Western Refining Logistics LP in a research note to investors on Monday, November 4th. They set an “overweight” rating and a $29.00 price target on the stock. Separately, analysts at Bank of America Corp. initiated coverage on shares of Western Refining Logistics LP in a research note to investors on Monday, November 4th. They set a “buy” rating and a $29.00 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Western Refining Logistics LP in a research note to investors on Monday, November 4th. They set a “neutral” rating and a $26.00 price target on the stock. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $28.00.

Western Refining Logistics LP has a one year low of $23.12 and a one year high of $27.70. The stock’s 50-day moving average is $25.45 and its 200-day moving average is $25.09. The company’s market cap is $1.260 billion.

Western Refining Logistics, LP owns, operates, develops, and acquires terminals, storage tanks, pipelines, and other logistics assets.

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