CTS Corporation with ticker code (CTS) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 49 and 38 calculating the mean target price we have 42.25. Given that the stocks previous close was at 45.46 this indicates there is a potential downside of -7.1%. The 50 day MA is 41.12 while the 200 day moving average is 39.33. The company has a market cap of $1,476m. Visit the company website at: https://www.ctscorp.com
The potential market cap would be $1,372m 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.
