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

Shares of TWFG, Inc. (NASDAQ:TWFG) have been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $31.86.

Several brokerages have recently weighed in on TWFG. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $33.00 price objective (up previously from $30.00) on shares of TWFG in a research note on Friday, January 3rd. Royal Bank of Canada increased their price target on shares of TWFG from $30.00 to $38.00 and gave the stock an “outperform” rating in a research report on Thursday, November 14th. Piper Sandler lifted their price target on shares of TWFG from $30.00 to $37.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. Finally, Keefe, Bruyette & Woods upped their price objective on TWFG from $28.00 to $33.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th.

Institutional Investors Weigh In On TWFG

Large investors have recently made changes to their positions in the company. Venturi Wealth Management LLC purchased a new position in TWFG during the 4th quarter valued at approximately $86,000. Quantbot Technologies LP purchased a new position in shares of TWFG in the third quarter valued at $93,000. Emerald Mutual Fund Advisers Trust bought a new stake in TWFG in the third quarter worth $133,000. Y Intercept Hong Kong Ltd purchased a new stake in TWFG during the fourth quarter valued at $244,000. Finally, Franklin Resources Inc. purchased a new stake in TWFG during the third quarter valued at $293,000.

TWFG Stock Performance

TWFG stock opened at $31.02 on Monday. The company has a debt-to-equity ratio of 0.02, a current ratio of 122.61 and a quick ratio of 122.61. The business’s 50-day moving average is $30.21 and its two-hundred day moving average is $29.05. TWFG has a fifty-two week low of $21.31 and a fifty-two week high of $36.50.

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.