CTS Corporation – Consensus Indicates Potential 11.8% Upside

Broker Ratings
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CTS Corporation with ticker code (CTS) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 40 and 35 with the average target price sitting at 37.33. Now with the previous closing price of 33.39 this would imply there is a potential upside of 11.8%. There is a 50 day moving average of 34.87 and the 200 day moving average is 34.88. The market cap for the company is $1,086m. You can visit the company’s website by visiting: https://www.ctscorp.com

The potential market cap would be $1,214m based on the market concensus.

CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. The company sells and markets its products through its sales engineers, independent manufacturers’ representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.

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