CTS Corporation – Consensus Indicates Potential 2.2% Upside

Broker Ratings

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 41 and has a mean target at 45. Given that the stocks previous close was at 44.03 this now indicates there is a potential upside of 2.2%. There is a 50 day moving average of 44.27 and the 200 moving average now moves to 41.11. The company has a market capitalisation of $1,388m. Visit the company website at: https://www.ctscorp.com

The potential market cap would be $1,419m 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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