In a report released yesterday, Julian Mitchell from Barclays maintained a Hold rating on Gardner Denver Holdings Inc (GDI – Research Report), with a price target of $27. The company’s shares opened today at $23.04, close to its 52-week low of $21.42.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 9.8% and a 67.6% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, United Technologies Corp, and Rockwell Automation Inc.
Gardner Denver Holdings Inc has an analyst consensus of Strong Buy, with a price target consensus of $31.50.
Based on Gardner Denver Holdings Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $72.2 million. In comparison, last year the company had a net profit of $28 million.
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.