CTS Corporation – Consensus Indicates Potential -3.0% Downside

Broker Ratings
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CTS Corporation with ticker code (CTS) have now 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 45 and 38 calculating the mean target price we have 41.33. With the stocks previous close at 42.62 this now indicates there is a potential downside of -3.0%. The 50 day MA is 40.49 and the 200 moving average now moves to 36.79. The company has a market cap of $1,368m. Company Website: https://www.ctscorp.com

The potential market cap would be $1,327m 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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