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

TWFG, Inc. (NASDAQ:TWFG) has been assigned an average rating of “Moderate Buy” from the nine ratings firms that are covering the company, Marketbeat reports. Four equities research 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 analysts that have updated their coverage on the stock in the last year is $31.86.

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

Hedge Funds Weigh In On TWFG

Institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC purchased a new position in TWFG in the 3rd quarter worth about $3,699,000. FMR LLC purchased a new position in TWFG in the 3rd quarter worth about $34,942,000. Lord Abbett & CO. LLC purchased a new position in TWFG in the 3rd quarter worth about $8,122,000. Franklin Resources Inc. purchased a new position in TWFG in the 3rd quarter worth about $293,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in TWFG in the 3rd quarter worth about $4,068,000.

TWFG Stock Down 1.8 %

Shares of TWFG opened at $29.53 on Friday. 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 has a one year low of $21.31 and a one year high of $36.50. The stock’s fifty day moving average is $29.70 and its 200-day moving average is $29.71.

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.