TWFG, Inc. (NASDAQ:TWFG) Receives $31.86 Consensus Target Price from Analysts

TWFG, Inc. (NASDAQ:TWFG - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the nine research firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $31.86.

TWFG has been the subject of a number of research reports. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $33.00 price target (up previously from $30.00) on shares of TWFG in a research report on Friday, January 3rd. 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. Piper Sandler increased their price target on shares of TWFG from $30.00 to $37.00 and gave the stock an "overweight" rating in a report on Monday, November 11th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of TWFG from $28.00 to $33.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th.

TWFG Stock Performance

Shares of NASDAQ TWFG traded up $0.58 during midday trading on Monday, reaching $31.38. The company had a trading volume of 138,836 shares, compared to its average volume of 103,922. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02. TWFG has a 1 year low of $21.31 and a 1 year high of $36.50. The business's 50-day simple moving average is $30.28 and its 200 day simple moving average is $29.03.

Hedge Funds Weigh In On TWFG

Large investors have recently made changes to their positions in the company. Venturi Wealth Management LLC acquired a new stake in TWFG in the fourth quarter valued at approximately $86,000. Quantbot Technologies LP purchased a new position in shares of TWFG during the 3rd quarter valued at approximately $93,000. Emerald Mutual Fund Advisers Trust acquired a new stake in TWFG in the 3rd quarter valued at $133,000. Y Intercept Hong Kong Ltd purchased a new stake in TWFG in the 4th quarter worth $244,000. Finally, Maven Securities LTD acquired a new position in TWFG during the third quarter worth $280,000.

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.