Gardner Denver (NYSE:GDI)‘s stock had its “buy” rating reaffirmed by investment analysts at Tigress Financial in a research report issued on Monday.
A number of other analysts have also commented on GDI. Robert W. Baird reissued a “buy” rating and set a $30.00 price objective on shares of Gardner Denver in a report on Wednesday, October 4th. Zacks Investment Research raised Gardner Denver from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Tuesday, October 3rd. Citigroup boosted their price objective on Gardner Denver to $36.00 and gave the stock a “buy” rating in a report on Friday, December 15th. Simmons reissued an “overweight” rating and set a $31.00 price objective on shares of Gardner Denver in a report on Tuesday, September 26th. Finally, Stifel Nicolaus boosted their price objective on Gardner Denver from $34.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, November 22nd. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $30.60.
Shares of Gardner Denver (NYSE GDI) opened at $33.29 on Monday. 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 $33.62.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisor Group Inc. boosted its stake in shares of 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 during the last quarter. Engineers Gate Manager LP purchased a new position in shares of Gardner Denver in the 2nd quarter worth approximately $201,000. Pacad Investment Ltd. purchased a new position in shares of Gardner Denver in the 2nd quarter worth approximately $211,000. CNH Partners LLC purchased a new position in shares of Gardner Denver in the 2nd quarter worth approximately $216,000. Finally, Amalgamated Bank purchased a new position in shares of Gardner Denver in the 3rd quarter worth approximately $223,000.
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About Gardner Denver
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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