Gardner Denver Holdings, Inc. (NYSE:GDI) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday. The brokerage currently has a $31.00 price objective on the stock. Zacks Investment Research‘s target price indicates a potential upside of 12.20% from the stock’s current price.

According to Zacks, “Gardner Denver Holdings, Inc. is a provider of mission-critical flow control and compression equipment and associated aftermarket parts, consumables and services. Its products and services consist of compressor, pump, vacuum and blower. Gardner Denver Holdings, Inc. is based in Milwaukee, United States. “

A number of other analysts also recently commented on the stock. Stifel Nicolaus initiated coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price objective for the company. UBS AG assumed coverage on Gardner Denver Holdings in a report on Tuesday, June 6th. They set a “buy” rating and a $28.00 target price on the stock. Goldman Sachs Group, Inc. (The) began coverage on Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price target for the company. Citigroup Inc. began coverage on Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price target for the company. Finally, Tigress Financial initiated coverage on Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued a “buy” rating for the company. One analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $28.00.

Shares of Gardner Denver Holdings (NYSE GDI) traded up 0.29% during trading on Tuesday, hitting $27.63. 400,178 shares of the company’s stock were exchanged. 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 $5.41 billion. The company has a 50-day moving average of $24.46 and a 200-day moving average of $23.24.

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A number of large investors have recently bought and sold shares of GDI. Teachers Advisors LLC acquired a new stake in shares of Gardner Denver Holdings during the 2nd quarter worth approximately $47,611,000. Peregrine Capital Management LLC acquired a new position in Gardner Denver Holdings in the second quarter valued at approximately $15,938,000. American Century Companies Inc. acquired a new position in Gardner Denver Holdings in the second quarter valued at approximately $12,492,000. TD Asset Management Inc. acquired a new position in Gardner Denver Holdings in the second quarter valued at approximately $2,184,000. Finally, Pioneer Investment Management Inc. acquired a new position in Gardner Denver Holdings in the second quarter valued at approximately $9,249,000. 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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