On Assignment Inc. (NYSE:ASGN) Given Average Rating of “Buy” by Brokerages
On Assignment Inc. (NYSE:ASGN) has earned a consensus rating of “Buy” from the seven analysts that are covering the company. Seven analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $44.60.
Separately, Deutsche Bank AG started coverage on shares of On Assignment in a report on Thursday, August 18th. They issued a “buy” rating for the company.
Shares of On Assignment (NYSE:ASGN) traded up 1.53% on Wednesday, hitting $36.60. 98,528 shares of the stock were exchanged. On Assignment has a 52-week low of $29.34 and a 52-week high of $51.00. The company’s 50 day moving average is $36.91 and its 200-day moving average is $36.75. The stock has a market cap of $1.95 billion, a PE ratio of 22.30 and a beta of 2.41.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/on-assignment-inc-nyseasgn-given-average-rating-of-buy-by-brokerages.html
Several hedge funds have recently modified their holdings of ASGN. BlackRock Inc. boosted its stake in shares of On Assignment by 125.2% in the first quarter. BlackRock Inc. now owns 3,493 shares of the company’s stock valued at $129,000 after buying an additional 1,942 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of On Assignment by 37.7% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 6,485 shares of the company’s stock valued at $239,000 after buying an additional 1,775 shares in the last quarter. Fox Run Management L.L.C. acquired a new stake in shares of On Assignment during the first quarter valued at about $273,000. Algert Global LLC acquired a new stake in shares of On Assignment during the first quarter valued at about $298,000. Finally, Pacad Investment Ltd. acquired a new stake in shares of On Assignment during the first quarter valued at about $354,000. 89.93% of the stock is currently owned by institutional investors and hedge funds.
On Assignment Company Profile
On Assignment, Inc is a provider of professionals in the technology, life sciences and creative sectors. The Company matches people into positions for contract, contract-to-hire and direct hire assignments. Its operating segments include the Apex Segment and the Oxford Segment. The Apex Segment provides a spectrum of technical and scientific professionals for contract, contract-to-hire and permanent placement positions to Fortune 1000 and mid-market clients across the United States.
Receive News & Ratings for On Assignment Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On Assignment Inc. and related companies with MarketBeat.com's FREE daily email newsletter.