Gardner Denver (NYSE:GDI) Rating Increased to Outperform at CIBC

Share on StockTwits

CIBC upgraded shares of Gardner Denver (NYSE:GDI) from a neutral rating to an outperform rating in a report published on Friday, Stock Target Advisor reports. CIBC currently has $35.00 price target on the stock, up from their prior price target of $31.00.

A number of other analysts also recently issued reports on GDI. Barclays restated a hold rating and issued a $30.00 price target on shares of Gardner Denver in a research report on Wednesday, September 4th. Morgan Stanley lowered their price target on Gardner Denver from $37.00 to $35.00 and set an overweight rating for the company in a research report on Wednesday, October 2nd. Zacks Investment Research upgraded Gardner Denver from a sell rating to a hold rating in a research report on Tuesday, October 29th. TheStreet downgraded Gardner Denver from a b- rating to a c rating in a research report on Friday, August 23rd. Finally, Credit Suisse Group downgraded Gardner Denver from an outperform rating to a neutral rating and raised their price target for the stock from $30.00 to $32.00 in a research report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $32.17.

GDI traded up $0.49 during trading on Friday, reaching $33.73. The company had a trading volume of 884,750 shares, compared to its average volume of 1,586,523. The stock has a market cap of $6.72 billion, a P/E ratio of 26.15 and a beta of 1.45. The business has a 50 day simple moving average of $30.28 and a 200-day simple moving average of $31.77. Gardner Denver has a 52 week low of $18.70 and a 52 week high of $36.22. The company has a quick ratio of 1.60, a current ratio of 2.51 and a debt-to-equity ratio of 0.89.

Several large investors have recently added to or reduced their stakes in GDI. Capital Investment Advisory Services LLC bought a new stake in shares of Gardner Denver during the second quarter worth $33,000. Quest Capital Management Inc. ADV bought a new stake in shares of Gardner Denver during the third quarter worth $34,000. NumerixS Investment Technologies Inc bought a new stake in shares of Gardner Denver during the second quarter worth $45,000. Aperio Group LLC purchased a new position in shares of Gardner Denver during the second quarter valued at $115,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Gardner Denver during the second quarter valued at $138,000.

Gardner Denver Company Profile

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.

Featured Article: How is the LIBOR rate calculated?

Analyst Recommendations for Gardner Denver (NYSE:GDI)

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.



Latest News

Gardner Denver  Rating Increased to Outperform at CIBC
Gardner Denver Rating Increased to Outperform at CIBC
Host Hotels and Resorts  Rating Lowered to Sell at ValuEngine
Host Hotels and Resorts Rating Lowered to Sell at ValuEngine
Hartford Financial Services Group  PT Raised to $63.00
Hartford Financial Services Group PT Raised to $63.00
Discovery Inc Series C  Lifted to Hold at BidaskClub
Discovery Inc Series C Lifted to Hold at BidaskClub
BidaskClub Lowers Independent Bank Co.  to Hold
BidaskClub Lowers Independent Bank Co. to Hold
Orthopediatrics  Announces  Earnings Results
Orthopediatrics Announces Earnings Results


 
© 2006-2019 Zolmax.