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Shares of Western Refining (NYSE:WNR) have been given an average recommendation of “Buy” by the twelve analysts that are covering the company, AR Network reports. Three research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $39.40.

In other Western Refining news, Insider Mark J. Smith sold 10,000 shares of Western Refining stock on the open market in a transaction dated Monday, August 18th. The shares were sold at an average price of $45.54, for a total transaction of $455,400.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

A number of analysts have recently weighed in on WNR shares. Analysts at Simmons upgraded shares of Western Refining from a “neutral” rating to an “overweight” rating in a research note on Thursday, August 7th. Analysts at Citigroup Inc. upgraded shares of Western Refining from a “neutral” rating to a “buy” rating in a research note on Monday, July 7th. They now have a $12.00 price target on the stock, down previously from $82.00.

Western Refining (NYSE:WNR) opened at 47.05 on Friday. Western Refining has a 52-week low of $27.91 and a 52-week high of $47.76. The stock has a 50-day moving average of $42.41 and a 200-day moving average of $40.36. The company has a market cap of $4.756 billion and a price-to-earnings ratio of 16.02.

Western Refining (NYSE:WNR) last released its earnings data on Tuesday, August 5th. The company reported $1.29 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.32 by $0.03. The company had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter in the prior year, the company posted $1.25 earnings per share. The company’s quarterly revenue was up 79.1% on a year-over-year basis. On average, analysts predict that Western Refining will post $3.59 earnings per share for the current fiscal year.

Western Refining, Inc (NYSE:WNR) is an independent crude oil refiner and marketer of refined products and also operates service stations and convenience stores.

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