Gardner Denver (NYSE:GDI) had its price objective raised by Citigroup to $36.00 in a research note issued to investors on Friday morning. They currently have a buy rating on the stock.

A number of other equities analysts have also recently commented on GDI. Stifel Nicolaus reaffirmed a buy rating and issued a $28.00 target price on shares of Gardner Denver in a report on Thursday, September 7th. Simmons reissued an overweight rating and issued a $31.00 price objective on shares of Gardner Denver in a research note on Tuesday, September 26th. Zacks Investment Research raised shares of Gardner Denver from a hold rating to a buy rating and set a $31.00 price objective on the stock in a research note on Tuesday, October 3rd. Robert W. Baird reissued a buy rating and issued a $30.00 price objective on shares of Gardner Denver in a research note on Wednesday, October 4th. Finally, UBS boosted their price objective on shares of Gardner Denver from $28.00 to $33.00 and gave the company a buy rating in a research note on Friday, October 27th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Gardner Denver presently has an average rating of Buy and a consensus price target of $30.60.

Shares of Gardner Denver (GDI) traded up $0.93 during trading on Friday, hitting $32.61. 1,610,000 shares of the stock were exchanged, compared to its average volume of 1,260,000. Gardner Denver has a fifty-two week low of $19.91 and a fifty-two week high of $32.90. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.60 and a current ratio of 2.51.

In other Gardner Denver news, major shareholder Fund Holdings L.P. Kkr sold 25,250,880 shares of the business’s stock in a transaction 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.37% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in GDI. Artisan Partners Limited Partnership acquired a new position in shares of Gardner Denver during the 3rd quarter worth $136,195,000. Alliancebernstein L.P. acquired a new position in shares of Gardner Denver during the 2nd quarter worth $83,015,000. Neuberger Berman Group LLC acquired a new position in shares of Gardner Denver during the 2nd quarter worth $66,221,000. Vanguard Group Inc. acquired a new position in shares of Gardner Denver during the 2nd quarter worth $61,434,000. Finally, Jennison Associates LLC acquired a new position in shares of Gardner Denver during the 2nd quarter worth $49,247,000.

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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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