Robert W. Baird Reiterates Their Buy Rating on Gardner Denver Holdings Inc (GDI)

By Ryan Adsit

Robert W. Baird analyst Michael Halloran reiterated a Buy rating on Gardner Denver Holdings Inc (GDIResearch Report) yesterday and set a price target of $32. The company’s shares opened today at $26.69.

According to TipRanks.com, Halloran is a 4-star analyst with an average return of 5.7% and a 63.9% success rate. Halloran covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Emerson Electric Company, and Franklin Electric Co.

Currently, the analyst consensus on Gardner Denver Holdings Inc is a Moderate Buy with an average price target of $28.75, which is a 7.7% upside from current levels. In a report released today, Piper Jaffray also reiterated a Buy rating on the stock with a $34 price target.

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The company has a one-year high of $35.28 and a one-year low of $18.70. Currently, Gardner Denver Holdings Inc has an average volume of 1.49M.

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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.