Gardner Denver (GDI) Earns “Equal Weight” Rating from Barclays
Gardner Denver (NYSE:GDI)‘s stock had its “equal weight” rating reaffirmed by equities researchers at Barclays in a research report issued to clients and investors on Tuesday. They currently have a $33.00 price target on the stock, down from their previous price target of $35.00. Barclays’ price target points to a potential upside of 2.29% from the stock’s previous close.
Several other equities research analysts also recently commented on the company. Zacks Investment Research raised Gardner Denver from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a report on Friday, January 26th. Stifel Nicolaus increased their price objective on Gardner Denver from $34.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, November 22nd. Citigroup set a $34.00 price objective on Gardner Denver and gave the company a “buy” rating in a report on Friday, October 27th. Johnson Rice assumed coverage on Gardner Denver in a report on Tuesday, January 30th. They issued an “accumulate” rating and a $40.00 price objective for the company. Finally, UBS Group increased their price objective on Gardner Denver from $28.00 to $33.00 and gave the company a “buy” rating in a report on Friday, October 27th. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $32.83.
Gardner Denver (GDI) traded up $0.53 during trading hours on Tuesday, reaching $32.26. The company’s stock had a trading volume of 1,192,615 shares, compared to its average volume of 752,717. Gardner Denver has a 52-week low of $19.91 and a 52-week high of $38.00. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.51 and a quick ratio of 1.60.
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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.
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