On June 3, 2025, Wells Fargo initiated coverage on ASGN (ASGN, Financial) with an Equal-Weight rating. This announcement marks a significant development in the valuation and market attention for ASGN.
Leading the analysis, Wells Fargo analyst Jason Haas set a price target of $56.00 USD for ASGN. This price target provides investors with a specific valuation benchmark, although no prior price target was provided for comparison.
The rating and price target are effective as of the announcement date and may influence investor perceptions and trading activity related to ASGN. The coverage by Wells Fargo adds a layer of credibility and research-backed insight into ASGN's market potential.
The findings and reports by Wells Fargo, a prominent financial services company, can impact market dynamics and investor strategies. Investors and market watchers will likely keep an eye on any movements in ASGN stock in response to this new coverage.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for ASGN Inc (ASGN, Financial) is $61.33 with a high estimate of $75.00 and a low estimate of $51.00. The average target implies an upside of 18.59% from the current price of $51.72. More detailed estimate data can be found on the ASGN Inc (ASGN) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, ASGN Inc's (ASGN, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ASGN Inc (ASGN, Financial) in one year is $90.57, suggesting a upside of 75.12% from the current price of $51.72. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ASGN Inc (ASGN) Summary page.
