TheStreet upgraded Western Refining Logistics LP (NYSE:WNRL) to Buy in a report released today.
- Updated: October 15, 2016
TheStreet has upgraded Western Refining Logistics LP (NYSE:WNRL) to Buy in a report released on 10/10/2016.
Previously on 04/21/2016, Raymond James reported about Western Refining Logistics LP (NYSE:WNRL) raised the target price from $0.00 to $30.00. At the time, this indicated a possible upside of 0.19%.
Yesterday Western Refining Logistics LP (NYSE:WNRL) traded 0.50% higher at $24.28. WNRL’s 50-day average is $23.21 and its two hundred day average is $23.82. With the last stock price close up 0.36% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 477,350 shares of the stock traded hands, up from an average trading volume of 225,537
See Chart Below
Western Refining Logistics LP has a 52 week low of $17.35 and a 52 week high of $26.94 with a P/E ratio of 18.00 The company’s market cap is currently $0.
In addition to TheStreet reporting its stock price target, a total of 5 firms have issued a report on the stock. The consensus target price is $26.00 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 3 firms rating the stock a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Company Details For Western Refining Logistics LP (NYSE:WNRL)
Western Refining Logistics, LP owns, operates, develops, and acquires logistics and related assets and businesses to include terminals, storage tanks, pipelines and other logistics assets related to the terminaling, transportation, storage and distribution of crude oil and refined products. The Company's segments are the logistics segment and the wholesale segment. The Company operates its logistics business and wholesale business under commercial and service agreements with Western Refining, Inc. (Western). The Company's logistics assets consist of pipeline and gathering infrastructure and terminaling, transportation and storage assets in the Southwestern portion of the United States, including approximately 685 miles of pipelines and over 8.2 million barrels (bbls) of active storage capacity, as well as other assets. The Company's wholesale segment business consists of fuel distribution, crude trucking and lubricants distribution.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.