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

By Carrie Williams

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 $37. The company’s shares opened today at $26.92.

According to TipRanks.com, Herbert is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -5.7% and a 35.8% success rate. Herbert covers the Basic Materials sector, focusing on stocks such as Baker Hughes a GE company, Schlumberger Limited, and National-Oilwell.

Gardner Denver Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $37.

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The company has a one-year high of $38 and a one-year low of $21.76. Currently, Gardner Denver Holdings Inc has an average volume of 1.46M.

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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.