TWFG, Inc. (NASDAQ:TWFG) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of TWFG, Inc. (NASDAQ:TWFG) have been given an average rating of “Moderate Buy” by the nine analysts that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $31.86.

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

TWFG Price Performance

TWFG opened at $31.02 on Monday. The firm’s fifty day moving average is $30.12 and its two-hundred day moving average is $29.16. TWFG has a twelve month low of $21.31 and a twelve month high of $36.50. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02.

Institutional Investors Weigh In On TWFG

Institutional investors have recently bought and sold shares of the company. Venturi Wealth Management LLC acquired a new stake in shares of TWFG in the fourth quarter valued at approximately $86,000. Quantbot Technologies LP bought a new position in TWFG in the third quarter valued at $93,000. Emerald Mutual Fund Advisers Trust acquired a new stake in TWFG in the 3rd quarter valued at $133,000. Y Intercept Hong Kong Ltd bought a new stake in TWFG during the 4th quarter worth about $244,000. Finally, Franklin Resources Inc. acquired a new position in shares of TWFG during the 3rd quarter worth about $293,000.

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.