CTS Corporation with ticker code (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 average target price we see 41.33. Given that the stocks previous close was at 41.65 this would imply there is a potential downside of -.8%. The 50 day moving average now sits at 41.79 and the 200 day MA is 37.11. The company has a market cap of $1,327m. Company Website: https://www.ctscorp.com
The potential market cap would be $1,317m 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.
