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

TWFG, Inc. (NASDAQ:TWFG - Get Free Report) has been assigned an average rating of "Moderate Buy" from the nine brokerages that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $31.86.

Several equities research analysts have weighed in on the stock. Royal Bank of Canada raised their price objective on shares of TWFG from $30.00 to $38.00 and gave the company an "outperform" rating in a research report on Thursday, November 14th. JPMorgan Chase & Co. reissued 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. Piper Sandler upped their price objective on TWFG from $30.00 to $37.00 and gave the stock an "overweight" rating in a report on Monday, November 11th. DOWLING & PARTN raised TWFG to a "hold" rating in a research note on Wednesday, September 11th. Finally, Keefe, Bruyette & Woods upped 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.

Institutional Trading of TWFG

Institutional investors and hedge funds have recently modified their holdings of the stock. Lord Abbett & CO. LLC acquired a new stake in TWFG during the 3rd quarter worth $8,122,000. Franklin Resources Inc. acquired a new position in TWFG in the third quarter valued at about $293,000. Geode Capital Management LLC bought a new stake in shares of TWFG in the third quarter worth about $3,699,000. Zimmer Partners LP acquired a new stake in shares of TWFG during the third quarter worth about $4,109,000. Finally, Soros Fund Management LLC bought a new position in shares of TWFG during the 3rd quarter valued at about $2,712,000.

TWFG Stock Performance

Shares of NASDAQ:TWFG traded down $1.05 during midday trading on Thursday, reaching $27.12. The company's stock had a trading volume of 153,601 shares, compared to its average volume of 133,760. The stock's fifty day simple moving average is $31.48. The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61. TWFG has a fifty-two week low of $21.31 and a fifty-two 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.