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

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

Other equities analysts have also issued research reports about the stock. Royal Bank Of Canada upped 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. ValuEngine upgraded shares of On Assignment from a hold rating to a buy rating in a research report on Wednesday, August 2nd. Finally, Deutsche Bank AG increased their target price on shares of On Assignment from $51.00 to $57.00 and gave the company a buy rating in a research report on Monday, May 1st. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of $56.00.

Shares of On Assignment (NYSE ASGN) traded down 0.78% during mid-day trading on Friday, hitting $47.36. 199,635 shares of the stock traded hands. On Assignment has a 12-month low of $32.04 and a 12-month high of $55.53. The stock has a market cap of $2.50 billion, a P/E ratio of 23.25 and a beta of 2.13. The firm’s 50 day moving average price is $51.87 and its 200-day moving average price is $49.96.

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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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