Gardner Denver Holdings Inc (GDI) Given Consensus Rating of “Buy” by Brokerages
Shares of Gardner Denver Holdings Inc (NYSE:GDI) have earned a consensus recommendation of “Buy” from the thirteen ratings firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $33.09.
Several research analysts have commented on GDI shares. UBS Group upped their target price on shares of Gardner Denver from $28.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research upgraded shares of Gardner Denver from a “sell” rating to a “buy” rating and set a $38.00 target price for the company in a research report on Tuesday, December 26th. Stifel Nicolaus upped their target price on shares of Gardner Denver from $30.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Johnson Rice started coverage on shares of Gardner Denver in a research report on Tuesday, January 30th. They issued an “accumulate” rating and a $40.00 target price for the company. Finally, Citigroup upped their target price on shares of Gardner Denver to $36.00 and gave the stock a “buy” rating in a research report on Friday, December 15th.
Shares of Gardner Denver (NYSE GDI) opened at $32.70 on Tuesday. Gardner Denver has a 12 month low of $19.91 and a 12 month high of $38.00. The company has a quick ratio of 1.60, a current ratio of 2.51 and a debt-to-equity ratio of 1.58.
Several institutional investors have recently bought and sold shares of the company. Advisor Group Inc. boosted its holdings in Gardner Denver by 145.5% during the third 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 bought a new stake in Gardner Denver during the fourth quarter worth approximately $171,000. State of Alaska Department of Revenue bought a new stake in Gardner Denver during the fourth quarter worth approximately $176,000. Comerica Bank bought a new stake in Gardner Denver during the fourth quarter worth approximately $208,000. Finally, CIBC Asset Management Inc bought a new stake in Gardner Denver during the fourth quarter worth approximately $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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