Gardner Denver Holdings Inc (NYSE:GDI) has earned an average recommendation of “Buy” from the thirteen brokerages that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $33.09.
A number of brokerages recently weighed in on GDI. Zacks Investment Research cut shares of Gardner Denver from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Stifel Nicolaus upped their price target on shares of Gardner Denver from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, November 22nd. Citigroup set a $34.00 price target on shares of Gardner Denver and gave the stock a “buy” rating in a research report on Friday, October 27th. Tigress Financial reaffirmed a “buy” rating on shares of Gardner Denver in a research report on Monday, December 18th. Finally, UBS Group began coverage on shares of Gardner Denver in a research report on Tuesday, January 23rd. They set a “buy” rating and a $42.00 price target for the company.
Shares of Gardner Denver (NYSE GDI) opened at $32.70 on Tuesday. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.51 and a quick ratio of 1.60. Gardner Denver has a 12-month low of $19.91 and a 12-month high of $38.00.
Hedge funds have recently modified their holdings of the business. Advisor Group Inc. lifted its holdings in Gardner Denver by 145.5% in the 3rd quarter. Advisor Group Inc. now owns 5,837 shares of the company’s stock worth $160,000 after buying an additional 3,459 shares in the last quarter. SG Americas Securities LLC acquired a new position in Gardner Denver in the 4th quarter worth $171,000. State of Alaska Department of Revenue acquired a new position in Gardner Denver in the 4th quarter worth $176,000. Comerica Bank acquired a new stake in shares of Gardner Denver in the 4th quarter valued at about $208,000. Finally, CIBC Asset Management Inc acquired a new stake in shares of Gardner Denver in the 4th quarter valued at about $222,000.
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Gardner Denver 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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