Brokerage Firm Rating on On Assignment (ASGN)

On Assignment (ASGN) : 7 analysts are covering On Assignment (ASGN) and their average rating on the stock is 1.29, which is read as a Strong Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

On Assignment (ASGN) : The most positive equity analysts on On Assignment (ASGN) expects the shares to touch $49, whereas, the least positive believes that the stock will trade at $41 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $44.2 with an expected fluctuation of $3.11 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. On Assignment (NYSE:ASGN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.91 and $35.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.16, notching a gain of 1.12% for the day. The total traded volume was 208,558 . The stock had closed at $35.76 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Mcgowan Michael, officer (COO, OAI; Pres, OGR) of On Assignment Inc, had unloaded 8,000 shares at an average price of $37.01 in a transaction dated on June 15, 2016. The total value of the transaction was worth $296,080.

On Assignment, Inc. is a global provider of professionals in the information technology (IT), engineering and life sciences sectors. The Company matches people into positions for contract, contract-to-hire and direct hire assignments. Its operating segments include Apex, Oxford and Life Sciences Europe. The Apex Segment provides information technology and scientific staffing professionals for contract, contract-to-hire and permanent placement positions. The Oxford Segment provides contract and direct placement services of information technology and engineering professionals in specialized information technology, software and hardware engineering, and mechanical, electrical, validation and telecommunications engineering fields. The Life Sciences Europe Segment provides locally-based contract life science professionals to clients in the biotechnology, pharmaceutical, food and beverage, medical device, personal care, chemical, automotive, educational and environmental industries.

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