Barclays Capital began coverage on shares of Western Refining (NYSE: WNR) in a report released on Friday. The firm issued an overweight rating and a $47.00 target price on the stock.

Shares of Western Refining traded down 3.30% during mid-day trading on Friday, hitting $37.54. Western Refining has a 52 week low of $17.13 and a 52 week high of $38.85. The stock’s 50-day moving average is currently $33.75. The company has a P/E ratio of 10.46.

A number of other firms have also recently commented on WNR. Analysts at Dahlman Rose raised their price target on shares of Western Refining from $32.00 to $42.00 in a research note to investors on Friday. They now have a buy rating on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of Western Refining in a research note to investors on Thursday, February 14th. They now have a $38.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Western Refining from $24.00 to $38.00 in a research note to investors on Monday, February 11th. They now have a hold rating on the stock.

Five equities research analysts have rated the stock with a buy rating, two have assigned an overweight rating, and six have given a hold rating to the company’s stock. The company has an average rating of overweight and a consensus price target of $38.73.

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