Gardner Denver (GDI) Receiving Somewhat Favorable News Coverage, Analysis Finds

Media coverage about Gardner Denver (NYSE:GDI) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gardner Denver earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.7789905628891 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

GDI has been the subject of several research analyst reports. Robert W. Baird reiterated a “buy” rating and set a $30.00 target price on shares of Gardner Denver in a research report on Wednesday, October 4th. Zacks Investment Research raised Gardner Denver from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Tuesday, October 3rd. Tigress Financial reaffirmed a “buy” rating on shares of Gardner Denver in a research note on Monday, December 18th. Simmons reissued an “overweight” rating and set a $31.00 price target on shares of Gardner Denver in a research note on Tuesday, September 26th. Finally, UBS Group lifted their target price on Gardner Denver from $28.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, October 27th. One research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $31.10.

Shares of Gardner Denver (NYSE:GDI) traded down $0.04 during mid-day trading on Tuesday, hitting $33.93. The stock had a trading volume of 442,300 shares, compared to its average volume of 885,920. The company has a quick ratio of 1.60, a current ratio of 2.51 and a debt-to-equity ratio of 1.58. Gardner Denver has a fifty-two week low of $19.91 and a fifty-two week high of $34.63.

In other news, major shareholder Fund Holdings L.P. Kkr sold 25,250,880 shares of the business’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $26.43, for a total value of $667,380,758.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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About Gardner Denver

Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.

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