On Assignment (NYSE:ASGN) had its price target increased by Wells Fargo & Co from $75.00 to $85.00 in a research note issued to investors on Thursday. They currently have an outperform rating on the business services provider’s stock.
ASGN has been the topic of several other research reports. Robert W. Baird reaffirmed a hold rating and set a $53.00 target price on shares of On Assignment in a research note on Friday, October 6th. Royal Bank of Canada reaffirmed a buy rating on shares of On Assignment in a research note on Friday, October 20th. Deutsche Bank lifted their target price on shares of On Assignment from $57.00 to $60.00 and gave the stock a buy rating in a research note on Thursday, October 26th. Zacks Investment Research cut shares of On Assignment from a buy rating to a hold rating in a research note on Tuesday, October 31st. Finally, BMO Capital Markets lifted their target price on shares of On Assignment from $62.00 to $66.00 and gave the stock an outperform rating in a research note on Friday, November 10th. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of Buy and an average price target of $72.86.
Shares of On Assignment (NYSE ASGN) opened at $75.25 on Thursday. On Assignment has a one year low of $43.83 and a one year high of $77.68. The company has a current ratio of 2.57, a quick ratio of 2.57 and a debt-to-equity ratio of 0.66. The stock has a market cap of $3,914.13, a price-to-earnings ratio of 26.31, a price-to-earnings-growth ratio of 2.21 and a beta of 2.11.
Several hedge funds have recently made changes to their positions in ASGN. Public Employees Retirement Association of Colorado acquired a new position in shares of On Assignment during the 4th quarter valued at about $192,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of On Assignment by 38.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,099 shares of the business services provider’s stock valued at $199,000 after acquiring an additional 857 shares during the last quarter. Everence Capital Management Inc. acquired a new position in shares of On Assignment during the 4th quarter valued at about $217,000. Parametrica Management Ltd acquired a new position in shares of On Assignment during the 4th quarter valued at about $265,000. Finally, Aurora Investment Counsel acquired a new position in shares of On Assignment during the 4th quarter valued at about $268,000. 91.80% of the stock is currently owned by hedge funds and other institutional investors.
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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