CTS Corporation – Consensus Indicates Potential -.5% Downside

Broker Ratings
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CTS Corporation found using ticker (CTS) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 45 and 38 calculating the mean target price we have 41.33. Given that the stocks previous close was at 41.52 this indicates there is a potential downside of -.5%. There is a 50 day moving average of 38.76 while the 200 day moving average is 36.51. The market capitalisation for the company is $1,316m. Company Website: https://www.ctscorp.com

The potential market cap would be $1,310m 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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