Stifel Nicolaus Downgrades Gardner Denver Holdings Inc (GDI) to Hold

By Jason Carr

Stifel Nicolaus analyst Nathan Jones downgraded Gardner Denver Holdings Inc (GDIResearch Report) to Hold yesterday and set a price target of $24. The company’s shares closed yesterday at $20.60, close to its 52-week low of $20.26.

According to, Jones is a 2-star analyst with an average return of 0.1% and a 45.4% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Circor International.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gardner Denver Holdings Inc with a $31 average price target, a 50.5% upside from current levels. In a report issued on December 6, Barclays also maintained a Hold rating on the stock with a $27 price target.


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The company has a one-year high of $38 and a one-year low of $20.26. Currently, Gardner Denver Holdings Inc has an average volume of 1.71M.

Based on the recent corporate insider activity of 17 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.