CTS Corporation – Consensus Indicates Potential -1.6% Downside

Broker Ratings

CTS Corporation with ticker code (CTS) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 49 and 41 with a mean TP of 45. Now with the previous closing price of 45.71 this would imply there is a potential downside of -1.6%. There is a 50 day moving average of 42.64 and the 200 moving average now moves to 40.45. The market capitalisation for the company is $1,426m. You can visit the company’s website by visiting: https://www.ctscorp.com

The potential market cap would be $1,404m based on the market concensus.

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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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