Somewhat Favorable News Coverage Somewhat Unlikely to Impact Gardner Denver (GDI) Stock Price

Headlines about Gardner Denver (NYSE:GDI) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to 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 news headlines about the company an impact score of 45.8153027978924 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

GDI has been the subject of several analyst reports. Zacks Investment Research raised Gardner Denver from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Stifel Nicolaus upped their price objective on Gardner Denver from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, November 22nd. Citigroup set a $34.00 price objective on Gardner Denver and gave the stock a “buy” rating in a research report on Friday, October 27th. Robert W. Baird reaffirmed a “buy” rating and set a $30.00 price objective on shares of Gardner Denver in a research report on Wednesday, October 4th. Finally, UBS upped their price objective on Gardner Denver from $28.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Gardner Denver has an average rating of “Buy” and a consensus price target of $30.40.

Gardner Denver (GDI) traded up $0.31 during trading hours on Wednesday, hitting $31.47. The stock had a trading volume of 463,569 shares, compared to its average volume of 916,726. Gardner Denver has a twelve month low of $19.91 and a twelve month high of $32.75. The company has a quick ratio of 1.60, a current ratio of 2.51 and a debt-to-equity ratio of 1.58.

In other news, major shareholder Fund Holdings L.P. Kkr sold 25,250,880 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $26.43, for a total transaction of $667,380,758.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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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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