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.

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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.

5 Day Chart for NYSE:ASGN

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