Analyst Revises Western Refining, Inc. (NYSE:WNR) Stock Target


Western Refining, Inc. (NYSE:WNR) mean price target has been set at $23.7000 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.0100 in the near-term quarter and $1.1900 for the ongoing fiscal. The market cap of Western Refining Inc. Western R was recorded at $2.66B after the stock closed at $24.0300 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Western Refining, Inc. (NYSE:WNR) has a P/E ratio of 8.7083. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

Western Refining, Inc. (NYSE:WNR) PEG ratio sits at -1.1500. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of Western Refining Inc. Western R visibly illustrates that the 50-day MA of Western Refining Inc. Western R is $22.0875, and stock is trading $2.4177 points away or +10.9460% from its 50-day moving average of $22.0875. Further it is trading $0.3921 or +1.6261% away its 200-day moving average of $24.1131. Western Refining, Inc. (NYSE:WNR) 52-week high is $47.5500 and the 52-week low is $18.1400. This represents that if the stock moves $-23.0448 points up on the chart to it will make a 52-week high. But, if it declines +35.0893%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

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