CTS Corporation with ticker code (CTS) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 40 and 35 and has a mean target at 37.33. Given that the stocks previous close was at 36.13 this now indicates there is a potential upside of 3.3%. The day 50 moving average is 34.65 and the 200 moving average now moves to 34.86. The company has a market cap of $1,146m. Company Website: https://www.ctscorp.com
The potential market cap would be $1,184m 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.