CTS Corporation found using ticker (CTS) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 45 and 38 with a mean TP of 41.33. Given that the stocks previous close was at 42.5 this indicates there is a potential downside of -2.8%. The day 50 moving average is 38.08 and the 200 day MA is 36.43. The market capitalisation for the company is $1,361m. Company Website: https://www.ctscorp.com
The potential market cap would be $1,324m 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. In addition, 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.
