BidaskClub Lowers On Assignment, Inc. (ASGN) to Hold

BidaskClub downgraded shares of On Assignment, Inc. (NYSE:ASGN) from a buy rating to a hold rating in a report published on Friday, August 4th.

A number of other brokerages have also issued reports on ASGN. ValuEngine upgraded shares of On Assignment from a hold rating to a buy rating in a research report on Friday, June 2nd. Deutsche Bank AG increased their price target on shares of On Assignment from $51.00 to $57.00 and gave the stock a buy rating in a research report on Monday, May 1st. Finally, Royal Bank Of Canada increased their price target on shares of On Assignment from $52.00 to $55.00 and gave the stock an outperform rating in a research report on Thursday, April 27th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. On Assignment presently has a consensus rating of Buy and an average target price of $56.00.

Shares of On Assignment (ASGN) opened at 46.06 on Friday. On Assignment has a 52 week low of $32.04 and a 52 week high of $55.53. The firm’s 50-day moving average price is $51.27 and its 200 day moving average price is $49.93. The firm has a market cap of $2.43 billion, a PE ratio of 22.61 and a beta of 2.13.

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On Assignment Company Profile

On Assignment, Inc is a global provider of in-demand, skilled professionals in the technology, life sciences and creative sectors. The Company matches resumes with job descriptions to match people they know into positions they understand for temporary, contract-to-hire, and direct hire assignments. It operates through two segments.

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