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.

In other news, major shareholder Fund Holdings L.P. Kkr sold 25,250,880 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $26.43, for a total value of $667,380,758.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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.

Analyst Recommendations for Gardner Denver (NYSE:GDI)

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