Gardner Denver Holdings Inc (GDI) Receives a Hold from CIBC

By Ryan Adsit

CIBC analyst Scott Fromson reiterated a Hold rating on Gardner Denver Holdings Inc (GDIResearch Report) on May 12 and set a price target of $28. The company’s shares closed yesterday at $35.26, close to its 52-week high of $36.16.

According to TipRanks.com, Fromson is ranked #2473 out of 5181 analysts.

Currently, the analyst consensus on Gardner Denver Holdings Inc is a Moderate Buy with an average price target of $31.38, a -11.0% downside from current levels. In a report issued on May 7, UBS also downgraded the stock to Hold.

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The company has a one-year high of $36.16 and a one-year low of $18.70. Currently, Gardner Denver Holdings Inc has an average volume of 1.76M.

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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.