Analysts Set TWFG, Inc. (NASDAQ:TWFG) Price Target at $33.71

TWFG, Inc. (NASDAQ:TWFG) has earned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat.com 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 target price among brokerages that have covered the stock in the last year is $33.71.

A number of research analysts have issued reports on TWFG shares. JPMorgan Chase & Co. lifted their price objective on TWFG from $33.00 to $34.00 and gave the company a “neutral” rating in a research note on Monday, May 19th. BMO Capital Markets raised their price target on TWFG from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Tuesday, March 4th. Keefe, Bruyette & Woods lowered their price target on TWFG from $33.00 to $32.00 and set a “market perform” rating for the company in a research report on Wednesday, April 9th. Finally, Morgan Stanley increased their price objective on shares of TWFG from $29.00 to $34.00 and gave the company an “equal weight” rating in a research report on Monday, May 19th.

TWFG Price Performance

Shares of TWFG stock opened at $35.25 on Friday. The business’s fifty day moving average is $32.83 and its 200 day moving average is $31.29. 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 market cap of $1.98 billion and a price-to-earnings ratio of 3.27. TWFG has a twelve month low of $21.31 and a twelve month high of $36.85.

Hedge Funds Weigh In On TWFG

Several large investors have recently modified their holdings of TWFG. T. Rowe Price Investment Management Inc. boosted its position in shares of TWFG by 28.0% during the first quarter. T. Rowe Price Investment Management Inc. now owns 1,988,671 shares of the company’s stock valued at $61,470,000 after buying an additional 434,997 shares during the period. Alliancebernstein L.P. raised its holdings in shares of TWFG by 15.7% in the first quarter. Alliancebernstein L.P. now owns 1,170,377 shares of the company’s stock worth $36,176,000 after buying an additional 159,155 shares during the period. Capital International Investors lifted its stake in shares of TWFG by 30.8% during the 4th quarter. Capital International Investors now owns 878,807 shares of the company’s stock worth $27,067,000 after acquiring an additional 206,969 shares during the last quarter. Bamco Inc. NY boosted its holdings in TWFG by 19.6% during the 4th quarter. Bamco Inc. NY now owns 871,661 shares of the company’s stock valued at $26,847,000 after acquiring an additional 142,913 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in TWFG by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 621,151 shares of the company’s stock valued at $19,200,000 after acquiring an additional 4,252 shares during the period.

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.