Citigroup Inc. restated their buy rating on shares of Gardner Denver Holdings, Inc. (NYSE:GDI) in a research note released on Monday. The firm currently has a $32.00 target price on the stock, up from their previous target price of $28.00.

A number of other brokerages have also commented on GDI. Robert W. Baird reissued a buy rating and set a $30.00 price objective on shares of Gardner Denver Holdings in a report on Wednesday, October 4th. Zacks Investment Research raised Gardner Denver Holdings from a hold rating to a buy rating and set a $31.00 price objective on the stock in a report on Tuesday, October 3rd. Simmons reissued an overweight rating and set a $31.00 price objective on shares of Gardner Denver Holdings in a report on Tuesday, September 26th. Stifel Nicolaus reissued a buy rating and set a $28.00 price objective on shares of Gardner Denver Holdings in a report on Thursday, September 7th. Finally, Piper Jaffray Companies set a $27.00 price objective on Gardner Denver Holdings and gave the company a buy rating in a report on Tuesday, July 18th. One research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of $28.70.

Gardner Denver Holdings (NYSE GDI) opened at 26.89 on Monday. The firm has a 50-day moving average price of $25.33 and a 200-day moving average price of $23.47. The stock’s market cap is $5.27 billion. Gardner Denver Holdings has a 12-month low of $19.91 and a 12-month high of $27.95.

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Several hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $400,000. BW Gestao de Investimentos Ltda. bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $2,800,000. California State Teachers Retirement System bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $1,597,000. CNH Partners LLC bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $216,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter worth approximately $515,000. 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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