TWFG’s (TWFG) Neutral Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their neutral rating on shares of TWFG (NASDAQ:TWFG) in a research report sent to investors on Friday, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has a $33.00 price target on the stock, up from their prior price target of $30.00.

A number of other analysts have also weighed in on TWFG. Piper Sandler raised their price target on shares of TWFG from $30.00 to $37.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Royal Bank of Canada lifted their target price on 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 upped their price target on TWFG from $28.00 to $33.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Finally, DOWLING & PARTN upgraded TWFG to a “hold” rating in a research report on Wednesday, September 11th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $31.86.

TWFG Price Performance

Shares of NASDAQ:TWFG opened at $29.70 on Friday. 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 has a 12 month low of $21.31 and a 12 month high of $36.50. The stock’s 50-day moving average is $31.84.

Hedge Funds Weigh In On TWFG

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP acquired a new stake in shares of TWFG in the 3rd quarter valued at approximately $93,000. Emerald Mutual Fund Advisers Trust bought a new stake in TWFG in the third quarter valued at approximately $133,000. Maven Securities LTD acquired a new stake in TWFG in the third quarter worth $280,000. Franklin Resources Inc. bought a new position in shares of TWFG during the third quarter worth $293,000. Finally, Symphony Financial Ltd. Co. acquired a new position in shares of TWFG in the 3rd quarter valued at $310,000.

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.