On Assignment Given New $39.00 Price Target at Deutsche Bank (ASGN)
Equities research analysts at Deutsche Bank increased their price objective on shares of On Assignment (NASDAQ:ASGN) from $37.00 to $39.00 in a research note issued to investors on Friday, Analyst Ratings Network reports. Deutsche Bank’s target price would indicate a potential upside of 17.68% from the company’s current price.
A number of other analysts have also recently weighed in on ASGN. Analysts at BMO Capital Markets raised their price target on shares of On Assignment from $38.00 to $40.00 in a research note to investors on Tuesday, December 3rd. Separately, analysts at Ned Davis Research downgraded shares of On Assignment from a “buy” rating to a “neutral” rating in a research note to investors on Monday, November 11th. Finally, analysts at UBS AG raised their price target on shares of On Assignment from $34.00 to $40.00 in a research note to investors on Friday, October 25th. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $37.00.
Shares of On Assignment (NASDAQ:ASGN) opened at 33.14 on Friday. On Assignment has a one year low of $20.41 and a one year high of $35.71. The stock’s 50-day moving average is $33.54 and its 200-day moving average is $32.02. The company has a market cap of $1.784 billion and a P/E ratio of 27.40.
On Assignment (NASDAQ:ASGN) last announced its earnings results on Wednesday, October 23rd. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.03. The company had revenue of $432.20 million for the quarter, compared to the consensus estimate of $431.53 million. During the same quarter last year, the company posted $0.33 earnings per share. On Assignment’s revenue was up 11.3% compared to the same quarter last year. On average, analysts predict that On Assignment will post $1.21 earnings per share for the current fiscal year.
On Assignment, Inc is a global provider of skilled, professionals in the life sciences, healthcare and technology sectors.
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