Gardner Denver Holdings’ (GDI) “Buy” Rating Reiterated at Citigroup Inc.

Gardner Denver Holdings, Inc. (NYSE:GDI)‘s stock had its “buy” rating restated by analysts at Citigroup Inc. in a research report issued on Monday. They currently have a $32.00 target price on the stock, up from their prior target price of $28.00. Citigroup Inc.’s target price points to a potential upside of 19.49% from the stock’s current price.

A number of other research analysts have also weighed in on GDI. Robert W. Baird reissued a “buy” rating and issued a $30.00 target price on shares of Gardner Denver Holdings in a report on Wednesday, October 4th. Zacks Investment Research raised shares of Gardner Denver Holdings from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Tuesday, October 3rd. Simmons reaffirmed an “overweight” rating and set a $31.00 price objective on shares of Gardner Denver Holdings in a research note on Tuesday, September 26th. Piper Jaffray Companies set a $27.00 price objective on shares of Gardner Denver Holdings and gave the stock a “buy” rating in a research note on Tuesday, July 18th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $28.00 price objective on shares of Gardner Denver Holdings in a research note on Thursday, September 7th. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. Gardner Denver Holdings presently has an average rating of “Buy” and an average target price of $28.70.

Shares of Gardner Denver Holdings (NYSE GDI) traded up 0.68% during midday trading on Monday, hitting $26.78. 372,926 shares of the stock were exchanged. The firm’s 50-day moving average is $24.83 and its 200 day moving average is $23.34. The firm’s market cap is $5.25 billion. Gardner Denver Holdings has a 52-week low of $19.91 and a 52-week high of $27.95.

TRADEMARK VIOLATION WARNING: This story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://ledgergazette.com/2017/10/09/gardner-denver-holdings-inc-gdi-pt-raised-to-32-00.html.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Engineers Gate Manager LP purchased a new position in Gardner Denver Holdings during the second quarter worth $201,000. Pacad Investment Ltd. purchased a new position in Gardner Denver Holdings during the second quarter worth $211,000. CNH Partners LL

A number of other research analysts have also weighed in on GDI. Robert W. Baird reissued a “buy” rating and issued a $30.00 target price on shares of Gardner Denver Holdings in a report on Wednesday, October 4th. Zacks Investment Research raised shares of Gardner Denver Holdings from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Tuesday, October 3rd. Simmons reaffirmed an “overweight” rating and set a $31.00 price objective on shares of Gardner Denver Holdings in a research note on Tuesday, September 26th. Piper Jaffray Companies set a $27.00 price objective on shares of Gardner Denver Holdings and gave the stock a “buy” rating in a research note on Tuesday, July 18th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $28.00 price objective on shares of Gardner Denver Holdings in a research note on Thursday, September 7th. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. Gardner Denver Holdings presently has an average rating of “Buy” and an average target price of $28.70.

Shares of Gardner Denver Holdings (NYSE GDI) traded up 0.68% during midday trading on Monday, hitting $26.78. 372,926 shares of the stock were exchanged. The firm’s 50-day moving average is $24.83 and its 200 day moving average is $23.34. The firm’s market cap is $5.25 billion. Gardner Denver Holdings has a 52-week low of $19.91 and a 52-week high of $27.95.

TRADEMARK VIOLATION WARNING: This story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://ledgergazette.com/2017/10/09/gardner-denver-holdings-inc-gdi-pt-raised-to-32-00.html.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Engineers Gate Manager LP purchased a new position in Gardner Denver Holdings during the second quarter worth $201,000. Pacad Investment Ltd. purchased a new position in Gardner Denver Holdings during the second quarter worth $211,000. CNH Partners LLC purchased a new position in Gardner Denver Holdings during the second quarter worth $216,000. NGAM Advisors L.P. purchased a new position in Gardner Denver Holdings during the second quarter worth $302,000. Finally, Ameriprise Financial Inc. purchased a new position in Gardner Denver Holdings during the second quarter worth $335,000. 98.52% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Gardner Denver Holdings (NYSE:GDI)

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