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

TWFG, Inc. (NASDAQ:TWFG) has been assigned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $31.86.

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

Institutional Investors Weigh In On TWFG

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

TWFG Stock Performance

Shares of NASDAQ TWFG opened at $27.12 on Thursday. TWFG has a twelve month low of $21.31 and a twelve month high of $36.50. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average price of $31.59.

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.