Shares of Gardner Denver Holdings, Inc. (NYSE:GDI) have been given an average rating of “Buy” by the ten analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $27.25.

GDI has been the subject of several research analyst reports. Goldman Sachs Group, Inc. (The) initiated coverage on Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price objective for the company. Robert W. Baird assumed coverage on Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued an “outperform” rating and a $28.00 target price for the company. Piper Jaffray Companies set a $27.00 target price on Gardner Denver Holdings and gave the company a “buy” rating in a research report on Tuesday, July 18th. Wolfe Research assumed coverage on Gardner Denver Holdings in a research report on Tuesday, July 11th. They issued an “outperform” rating and a $26.00 target price for the company. Finally, Citigroup Inc. assumed coverage on Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 target price for the company.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Public Employees Retirement System of Ohio bought a new stake in Gardner Denver Holdings during the 2nd quarter worth approximately $400,000. BW Gestao de Investimentos Ltda. bought a new stake in Gardner Denver Holdings during the 2nd quarter worth approximately $2,800,000. California State Teachers Retirement System bought a new stake in Gardner Denver Holdings during the 2nd quarter worth approximately $1,597,000. CNH Partners LLC bought a new stake in Gardner Denver Holdings during the 2nd quarter worth approximately $216,000. Finally, Cubist Systematic Strategies LLC bought a new stake in Gardner Denver Holdings during the 2nd quarter worth approximately $515,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

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Gardner Denver Holdings (NYSE:GDI) opened at 25.09 on Friday. The stock’s 50 day moving average price is $23.29 and its 200 day moving average price is $22.76. Gardner Denver Holdings has a 52-week low of $19.91 and a 52-week high of $25.16. The firm’s market capitalization is $4.92 billion.

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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