CTS Corporation with ticker code (CTS) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 49 and 38 and has a mean target at 44. Now with the previous closing price of 47.21 this indicates there is a potential downside of -6.8%. The 50 day moving average now sits at 42.34 while the 200 day moving average is 40.14. The market capitalisation for the company is $1,488m. Company Website: https://www.ctscorp.com
The potential market cap would be $1,386m 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.
