CTS Corporation with ticker code (CTS) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 49 and 38 calculating the mean target price we have 42.25. With the stocks previous close at 39.61 this would imply there is a potential upside of 6.7%. The 50 day MA is 40.72 while the 200 day moving average is 39.01. The company has a market capitalisation of $1,257m. Company Website: 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.
