Investment analysts at Credit Suisse upped their earnings per share estimates on shares of Western Refining (NYSE: WNR) in a note issued to investors on Friday. The firm currently has a $35.50 price target on the company’s shares.
Shares of Western Refining traded down 1.07% during mid-day trading on Friday, hitting $24.15. Western Refining has a 52 week low of $11.17 and a 52 week high of $28.04. The company has a market cap of $2.176 billion and a P/E ratio of 12.17.
Western Refining last announced its earnings results on Thursday, August 2nd. The company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.25. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. On average, analysts predict that Western Refining will post $5.08 earnings per share for the current fiscal year. http://www.dailypolitical.com/finance/stock-market/credit-suisse-predicts-stronger-earnings-for-western-refining-wnr.htm
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