CTS Corporation – Consensus Indicates Potential -2.9% Downside

Broker Ratings
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CTS Corporation found using ticker (CTS) now have 3 analysts covering the stock. The analyst consensus points to 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 42.57 this would imply there is a potential downside of -2.9%. The 50 day MA is 39.38 and the 200 day moving average is 36.59. The company has a market capitalisation of $1,380m. Find out more information at: https://www.ctscorp.com

The potential market cap would be $1,340m 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.

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