Gardner Denver Holdings, Inc. (GDI) PT Raised to $36.00
Gardner Denver Holdings, Inc. (NYSE:GDI) had its price target lifted by research analysts at Stifel Nicolaus from $34.00 to $36.00 in a report issued on Wednesday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 16.20% from the stock’s previous close.
Other equities analysts have also issued research reports about the company. Citigroup Inc. set a $34.00 price target on Gardner Denver Holdings and gave the company a “buy” rating in a research note on Friday, October 27th. Simmons reaffirmed an “overweight” rating and issued a $31.00 price target on shares of Gardner Denver Holdings in a research note on Tuesday, September 26th. Zacks Investment Research raised Gardner Denver Holdings from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Tuesday, October 31st. Robert W. Baird reaffirmed a “buy” rating and issued a $30.00 price target on shares of Gardner Denver Holdings in a research note on Wednesday, October 4th. Finally, UBS AG upped their price target on Gardner Denver Holdings from $28.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $30.40.
Shares of Gardner Denver Holdings (GDI) traded up $0.25 during trading on Wednesday, hitting $30.98. The stock had a trading volume of 1,223,008 shares, compared to its average volume of 906,027. Gardner Denver Holdings has a twelve month low of $19.91 and a twelve month high of $31.88. The company has a current ratio of 2.51, a quick ratio of 1.60 and a debt-to-equity ratio of 1.58.
A number of hedge funds have recently bought and sold shares of GDI. Advisor Group Inc. raised its position in Gardner Denver Holdings by 145.5% in the 3rd quarter. Advisor Group Inc. now owns 5,837 shares of the company’s stock valued at $160,000 after purchasing an additional 3,459 shares in the last quarter. Engineers Gate Manager LP purchased a new position in shares of Gardner Denver Holdings in the 2nd quarter valued at about $201,000. Pacad Investment Ltd. purchased a new position in shares of Gardner Denver Holdings in the 2nd quarter valued at about $211,000. CNH Partners LLC purchased a new position in shares of Gardner Denver Holdings in the 2nd quarter valued at about $216,000. Finally, Amalgamated Bank purchased a new position in shares of Gardner Denver Holdings in the 3rd quarter valued at about $223,000.
Gardner Denver Holdings Company Profile
Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.
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