TWFG, Inc. (NASDAQ:TWFG) Receives $31.86 Average PT from Analysts

TWFG, Inc. (NASDAQ:TWFG) has received an average rating of “Moderate Buy” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $32.14.

TWFG has been the topic of several research reports. BMO Capital Markets boosted their price target on shares of TWFG from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Tuesday. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $33.00 target price (up previously from $30.00) on shares of TWFG in a report on Friday, January 3rd. Royal Bank of Canada boosted their price target 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 boosted 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, Piper Sandler boosted their price target on TWFG from $30.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, November 11th.

Institutional Investors Weigh In On TWFG

A number of large investors have recently added to or reduced their stakes in the stock. FMR LLC bought a new stake in shares of TWFG in the third quarter valued at approximately $34,942,000. Bamco Inc. NY bought a new stake in shares of TWFG in the third quarter valued at approximately $19,764,000. T. Rowe Price Investment Management Inc. boosted its position in shares of TWFG by 36.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,553,674 shares of the company’s stock valued at $47,854,000 after acquiring an additional 415,159 shares during the period. Lord Abbett & CO. LLC bought a new stake in shares of TWFG in the third quarter valued at approximately $8,122,000. Finally, Capital International Investors boosted its position in shares of TWFG by 30.8% in the fourth quarter. Capital International Investors now owns 878,807 shares of the company’s stock valued at $27,067,000 after acquiring an additional 206,969 shares during the period.

TWFG Price Performance

Shares of TWFG stock opened at $32.09 on Friday. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02. The company’s 50-day moving average price is $29.85 and its two-hundred day moving average price is $29.94. TWFG has a 52 week low of $21.31 and a 52 week high of $36.50.

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.