TWFG, Inc. (NASDAQ:TWFG) Receives $33.00 Average Target Price from Analysts

TWFG, Inc. (NASDAQ:TWFG) has been assigned an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $33.00.

TWFG has been the subject of several recent research reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $33.00 price target (up previously from $30.00) on shares of TWFG in a report on Friday, January 3rd. Keefe, Bruyette & Woods lowered their price target on shares of TWFG from $33.00 to $32.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 9th. BMO Capital Markets lifted their target price on shares of TWFG from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 4th. Finally, Morgan Stanley dropped their price target on shares of TWFG from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 25th.

TWFG Price Performance

TWFG opened at $31.98 on Friday. TWFG has a twelve month low of $21.31 and a twelve month high of $36.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61. The firm’s 50-day moving average price is $30.50 and its 200 day moving average price is $30.69.

Institutional Investors Weigh In On TWFG

A number of hedge funds have recently bought and sold shares of TWFG. Venturi Wealth Management LLC purchased a new position in shares of TWFG in the 4th quarter valued at $86,000. Tower Research Capital LLC TRC boosted its holdings in shares of TWFG by 273.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company’s stock valued at $100,000 after acquiring an additional 2,368 shares during the period. Quantbot Technologies LP raised its position in TWFG by 57.8% in the 4th quarter. Quantbot Technologies LP now owns 5,407 shares of the company’s stock valued at $167,000 after purchasing an additional 1,981 shares during the last quarter. Janus Henderson Group PLC acquired a new position in TWFG in the fourth quarter valued at $211,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of TWFG during the fourth quarter worth about $244,000.

About TWFG

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.