A number of other research firms have also recently weighed in on GDI. Zacks Investment Research upgraded Gardner Denver from a sell rating to a hold rating in a research note on Thursday, July 25th. CIBC restated a hold rating and issued a $28.00 price target on shares of Gardner Denver in a research note on Wednesday, May 15th. TheStreet upgraded Gardner Denver from a c rating to a b- rating in a research note on Monday, May 13th. UBS Group cut Gardner Denver from a buy rating to a neutral rating and raised their price target for the company from $31.00 to $38.00 in a research note on Tuesday, May 7th. Finally, Morgan Stanley cut their price target on Gardner Denver from $40.00 to $37.00 and set an overweight rating on the stock in a research note on Friday, August 2nd. Eight equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Gardner Denver currently has an average rating of Buy and an average price target of $32.50.
Gardner Denver stock opened at $30.57 on Friday. Gardner Denver has a 1-year low of $18.70 and a 1-year high of $36.22. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.53 and a current ratio of 2.48. The firm has a market capitalization of $6.16 billion, a PE ratio of 23.70 and a beta of 1.36. The company has a fifty day simple moving average of $32.89.
Several hedge funds have recently modified their holdings of GDI. Capital Investment Advisory Services LLC purchased a new position in shares of Gardner Denver during the second quarter worth about $33,000. NumerixS Investment Technologies Inc purchased a new position in shares of Gardner Denver during the second quarter worth about $45,000. Quantamental Technologies LLC grew its holdings in shares of Gardner Denver by 224.9% during the first quarter. Quantamental Technologies LLC now owns 2,599 shares of the company’s stock worth $72,000 after purchasing an additional 1,799 shares during the last quarter. Metropolitan Life Insurance Co. NY grew its holdings in shares of Gardner Denver by 19.0% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 5,285 shares of the company’s stock worth $108,000 after purchasing an additional 843 shares during the last quarter. Finally, Aperio Group LLC purchased a new position in shares of Gardner Denver during the second quarter worth about $115,000. 97.52% of the stock is currently owned by institutional investors.
About Gardner Denver
Gardner Denver Holdings, Inc provides mission-critical flow control and compression equipment; and associated aftermarket parts, consumables, and services in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Industrials, Energy, and Medical.
Further Reading: How much can an individual set aside as a catch-up contribution?
To view ValuEngine’s full report, visit ValuEngine’s official website.
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.