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

TWFG, Inc. (NASDAQ:TWFG) has been assigned a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the firm, Marketbeat Ratings 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 price objective among brokerages that have covered the stock in the last year is $31.86.

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. reissued a “neutral” rating and set a $33.00 target price (up previously from $30.00) on shares of TWFG in a report on Friday, January 3rd. DOWLING & PARTN raised TWFG to a “hold” rating in a research note on Wednesday, September 11th. Royal Bank of Canada upped their price objective on shares of TWFG from $30.00 to $38.00 and gave the company an “outperform” rating in a research note on Thursday, November 14th. Keefe, Bruyette & Woods lifted their target price on shares of TWFG from $28.00 to $33.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th. Finally, Piper Sandler upped their price target on shares of TWFG from $30.00 to $37.00 and gave the company an “overweight” rating in a research report on Monday, November 11th.

Institutional Investors Weigh In On TWFG

Hedge funds have recently made changes to their positions in the company. Quantbot Technologies LP bought a new position in shares of TWFG during the third quarter valued at approximately $93,000. Emerald Mutual Fund Advisers Trust purchased a new stake in shares of TWFG in the 3rd quarter worth approximately $133,000. Franklin Resources Inc. bought a new position in TWFG during the 3rd quarter valued at approximately $293,000. Maven Securities LTD purchased a new position in TWFG during the third quarter valued at $280,000. Finally, Symphony Financial Ltd. Co. bought a new stake in TWFG in the third quarter worth $310,000.

TWFG Price Performance

NASDAQ:TWFG opened at $27.12 on Thursday. TWFG has a 1 year low of $21.31 and a 1 year high of $36.50. The stock has a fifty day moving average price of $31.59. The company has a debt-to-equity ratio of 0.02, a current ratio of 122.61 and a quick 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.