JPMorgan Chase & Co. Reaffirms “Neutral” Rating for TWFG (NASDAQ:TWFG)

JPMorgan Chase & Co. restated their neutral rating on shares of TWFG (NASDAQ:TWFG) in a research report report published on Friday morning, MarketBeat.com reports. They currently have a $33.00 price objective on the stock, up from their prior price objective of $30.00.

Several other brokerages have also recently issued reports on TWFG. Royal Bank of Canada raised their target price on shares of TWFG from $30.00 to $38.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. DOWLING & PARTN upgraded shares of TWFG to a “hold” rating in a research report on Wednesday, September 11th. Keefe, Bruyette & Woods increased their price objective on shares of TWFG from $28.00 to $33.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Finally, Piper Sandler boosted their target price on TWFG from $30.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $31.86.

TWFG Stock Performance

Shares of NASDAQ TWFG opened at $29.70 on Friday. TWFG has a twelve month low of $21.31 and a twelve month high of $36.50. The stock has a 50 day moving average price of $31.84. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02.

Hedge Funds Weigh In On TWFG

Several institutional investors have recently bought and sold shares of TWFG. Quantbot Technologies LP purchased a new stake in shares of TWFG during the 3rd quarter valued at $93,000. Emerald Mutual Fund Advisers Trust purchased a new position in TWFG during the third quarter valued at approximately $133,000. Maven Securities LTD purchased a new stake in TWFG during the third quarter worth $280,000. Franklin Resources Inc. acquired a new stake in shares of TWFG during the 3rd quarter valued at about $293,000. Finally, Symphony Financial Ltd. Co. purchased a new position in shares of TWFG during the 3rd quarter valued at approximately $310,000.

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.