Barclays began coverage on shares of Gardner Denver (NYSE:GDI) in a research report report published on Thursday, Marketbeat.com reports. The brokerage issued an equal weight rating and a $35.00 price target on the stock.
A number of other equities research analysts also recently commented on the company. Stifel Nicolaus raised their target price on Gardner Denver from $30.00 to $34.00 and gave the company a buy rating in a report on Friday, October 27th. Zacks Investment Research raised Gardner Denver from a sell rating to a buy rating and set a $38.00 target price for the company in a report on Tuesday, December 26th. Citigroup raised their target price on Gardner Denver to $36.00 and gave the company a buy rating in a report on Friday, December 15th. Tigress Financial reissued a buy rating on shares of Gardner Denver in a report on Monday, December 18th. Finally, UBS Group raised their target price 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 company’s stock. The company has a consensus rating of Buy and a consensus target price of $33.25.
Shares of Gardner Denver (NYSE GDI) opened at $32.85 on Thursday. Gardner Denver has a fifty-two week low of $19.91 and a fifty-two week high of $38.00. The company has a quick ratio of 1.60, a current ratio of 2.51 and a debt-to-equity ratio of 1.58.
In other news, major shareholder Fund Holdings L.P. Kkr sold 25,250,880 shares of Gardner Denver stock in a transaction on Monday, November 20th. The stock was sold at an average price of $26.43, for a total transaction of $667,380,758.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.37% of the company’s stock.
A number of hedge funds have recently made changes to their positions in GDI. Schwab Charles Investment Management Inc. acquired a new position in Gardner Denver in the 2nd quarter valued at about $3,491,000. Ameriprise Financial Inc. acquired a new position in Gardner Denver in the 2nd quarter valued at about $335,000. New York State Common Retirement Fund acquired a new position in Gardner Denver in the 2nd quarter valued at about $1,964,000. Northern Trust Corp acquired a new position in Gardner Denver in the 2nd quarter valued at about $3,602,000. Finally, Vanguard Group Inc. acquired a new position in Gardner Denver in the 2nd quarter valued at about $61,434,000.
ILLEGAL ACTIVITY NOTICE: This report was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://www.dispatchtribunal.com/2018/02/18/barclays-begins-coverage-on-gardner-denver-gdi-2.html.
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.
Receive News & Ratings for Gardner Denver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gardner Denver and related companies with MarketBeat.com's FREE daily email newsletter.