Gardner Denver Holdings Inc (GDI) Gets a Buy Rating from Piper Jaffray

By Austin Angelo

In a report released yesterday, Bill Herbert from Piper Jaffray reiterated a Buy rating on Gardner Denver Holdings Inc (NYSE: GDI), with a price target of $32. The company’s shares closed on Friday at $26.11.

According to TipRanks.com, Herbert ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -8.6% and a 27.5% success rate. Herbert covers the Basic Materials sector, focusing on stocks such as Ranger Energy Services Inc, Key Energy Services, and Precision Drilling.

Gardner Denver Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $31.67, representing a 21.3% upside. In a report released today, Stifel Nicolaus also reiterated a Buy rating on the stock with a $32 price target.

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Gardner Denver Holdings Inc’s market cap is currently $5.2B and has a P/E ratio of 19.30. The company has a Price to Book ratio of 3.31.

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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.