After Robert W. Baird and Piper Jaffray gave Gardner Denver Holdings Inc (NYSE: GDI) a Buy rating last month, the company received another Buy, this time from Morgan Stanley. Analyst Joshua Pokrzywinski upgraded Gardner Denver Holdings Inc to Buy today. The company’s shares closed yesterday at $27.11.
According to TipRanks.com, Pokrzywinski is a 3-star analyst with an average return of 6.3% and a 53.6% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gardner Denver Holdings Inc with a $32.50 average price target, representing a 19.9% upside. In a report issued on October 29, Stifel Nicolaus also reiterated a Buy rating on the stock with a $32 price target.
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The company has a one-year high of $38 and a one-year low of $23.33. Currently, Gardner Denver Holdings Inc has an average volume of 1.63M.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock.
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Gardner Denver Holdings, Inc. is a provider of flow control and compression equipment and associated aftermarket parts, consumables and services to industrial, energy and medical industries. It operates through three segments: Medical, Energy and Industrials.
