Gardner Denver Holdings, Inc. (NYSE:GDI) has earned a consensus rating of “Buy” from the twelve research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $28.70.

GDI has been the subject of several research reports. Wolfe Research initiated coverage on shares of Gardner Denver Holdings in a report on Tuesday, July 11th. They issued an “outperform” rating and a $26.00 price objective for the company. Stifel Nicolaus reiterated a “buy” rating and issued a $28.00 price target on shares of Gardner Denver Holdings in a research note on Thursday, September 7th. Citigroup Inc. reiterated a “buy” rating and issued a $32.00 price target (up from $28.00) on shares of Gardner Denver Holdings in a research note on Monday, October 9th. Piper Jaffray Companies set a $27.00 price target on shares of Gardner Denver Holdings and gave the stock a “buy” rating in a research note on Tuesday, July 18th. Finally, Simmons reiterated an “overweight” rating and issued a $31.00 price target on shares of Gardner Denver Holdings in a research note on Tuesday, September 26th.

Several institutional investors have recently modified their holdings of GDI. Alliancebernstein L.P. bought a new position in shares of Gardner Denver Holdings in the 2nd quarter worth about $83,015,000. Neuberger Berman Group LLC bought a new position in shares of Gardner Denver Holdings in the 2nd quarter worth about $66,221,000. Vanguard Group Inc. bought a new position in shares of Gardner Denver Holdings in the 2nd quarter worth about $61,434,000. Jennison Associates LLC bought a new position in shares of Gardner Denver Holdings in the 2nd quarter worth about $49,247,000. Finally, Teachers Advisors LLC bought a new position in shares of Gardner Denver Holdings in the 2nd quarter worth about $47,611,000. Institutional investors own 98.52% of the company’s stock.

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Gardner Denver Holdings (NYSE GDI) traded down 0.15% during midday trading on Wednesday, reaching $26.92. 399,191 shares of the company’s stock traded hands. The company’s 50-day moving average price is $25.52 and its 200-day moving average price is $23.47. Gardner Denver Holdings has a 52-week low of $19.91 and a 52-week high of $27.95. The stock’s market cap is $5.28 billion.

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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