Robert W. Baird reaffirmed their buy rating on shares of Gardner Denver Holdings, Inc. (NYSE:GDI) in a research report sent to investors on Wednesday. The firm currently has a $30.00 price objective on the stock.

GDI has been the subject of a number of other research reports. Stifel Nicolaus reiterated a buy rating and set a $28.00 price target on shares of Gardner Denver Holdings in a research note on Thursday, September 7th. Wolfe Research initiated coverage on Gardner Denver Holdings in a research note on Tuesday, July 11th. They set an outperform rating and a $26.00 price target for the company. Zacks Investment Research upgraded Gardner Denver Holdings from a hold rating to a buy rating and set a $31.00 price target for the company in a research note on Tuesday, October 3rd. Piper Jaffray Companies set a $27.00 price target on Gardner Denver Holdings and gave the company a buy rating in a research note on Tuesday, July 18th. Finally, Credit Suisse Group initiated coverage on Gardner Denver Holdings in a research note on Tuesday, June 6th. They set a neutral rating and a $27.00 price target for the company. One equities research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of $28.20.

Shares of Gardner Denver Holdings (GDI) opened at 26.60 on Wednesday. The company’s 50-day moving average price is $24.83 and its 200 day moving average price is $23.34. Gardner Denver Holdings has a 12-month low of $19.91 and a 12-month high of $27.95. The company’s market cap is $5.21 billion.

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Several hedge funds and other institutional investors have recently made changes to their positions in GDI. Peregrine Capital Management LLC purchased a new position in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $15,938,000. Quantitative Systematic Strategies LLC purchased a new position in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $1,719,000. NGAM Advisors L.P. purchased a new position in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $302,000. Sei Investments Co. purchased a new position in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $622,000. Finally, TD Asset Management Inc. purchased a new position in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $2,184,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

About Gardner Denver Holdings

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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