TWFG, Inc. (NASDAQ:TWFG) Given Average Rating of “Moderate Buy” by Analysts

Shares of TWFG, Inc. (NASDAQ:TWFG) have been given an average recommendation of “Moderate Buy” by the nine research firms that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $32.14.

TWFG has been the topic of several research analyst reports. Piper Sandler raised their price objective on TWFG from $30.00 to $37.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. BMO Capital Markets raised their price objective on TWFG from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Tuesday. Royal Bank of Canada raised their price objective on TWFG from $30.00 to $38.00 and gave the stock an “outperform” rating in a research note on Thursday, November 14th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $33.00 target price (up from $30.00) on shares of TWFG in a research note on Friday, January 3rd. Finally, Keefe, Bruyette & Woods raised their target price on TWFG from $28.00 to $33.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th.

Institutional Investors Weigh In On TWFG

A number of hedge funds have recently added to or reduced their stakes in TWFG. Quantbot Technologies LP raised its stake in shares of TWFG by 57.8% during the fourth quarter. Quantbot Technologies LP now owns 5,407 shares of the company’s stock valued at $167,000 after purchasing an additional 1,981 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of TWFG by 273.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company’s stock valued at $100,000 after purchasing an additional 2,368 shares in the last quarter. Venturi Wealth Management LLC bought a new stake in shares of TWFG during the fourth quarter valued at about $86,000. LPL Financial LLC raised its stake in shares of TWFG by 13.0% during the fourth quarter. LPL Financial LLC now owns 31,171 shares of the company’s stock valued at $960,000 after purchasing an additional 3,585 shares in the last quarter. Finally, Sei Investments Co. raised its stake in shares of TWFG by 56.4% during the fourth quarter. Sei Investments Co. now owns 13,157 shares of the company’s stock valued at $405,000 after purchasing an additional 4,747 shares in the last quarter.

TWFG Stock Down 0.4 %

Shares of TWFG opened at $32.09 on Friday. The business’s fifty day moving average price is $29.85 and its 200 day moving average price is $29.94. TWFG has a 12-month low of $21.31 and a 12-month high of $36.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61.

TWFG Company Profile

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers’ compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.