TWFG (NASDAQ:TWFG) Given New $33.00 Price Target at Keefe, Bruyette & Woods

TWFG (NASDAQ:TWFG) had its price objective raised by analysts at Keefe, Bruyette & Woods from $28.00 to $33.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price objective indicates a potential downside of 5.63% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on TWFG. Piper Sandler boosted their price target on TWFG from $30.00 to $37.00 and gave the company an “overweight” rating in a report on Monday, November 11th. JPMorgan Chase & Co. raised their price target on shares of TWFG from $26.50 to $28.00 and gave the stock an “overweight” rating in a research report on Friday, August 30th. UBS Group began coverage on shares of TWFG in a report on Monday, August 12th. They issued a “buy” rating and a $29.00 target price on the stock. BMO Capital Markets reaffirmed an “outperform” rating and set a $30.00 target price on shares of TWFG in a report on Wednesday, August 28th. Finally, DOWLING & PARTN raised TWFG to a “hold” rating in a report on Wednesday, September 11th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $31.14.

TWFG Stock Down 1.2 %

Shares of TWFG stock opened at $34.97 on Wednesday. TWFG has a one year low of $21.31 and a one year high of $36.50. The stock’s 50-day moving average is $31.12. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02.

Hedge Funds Weigh In On TWFG

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Franklin Resources Inc. bought a new stake in TWFG during the 3rd quarter valued at $293,000. Geode Capital Management LLC acquired a new position in shares of TWFG during the third quarter valued at $3,699,000. Zimmer Partners LP bought a new stake in shares of TWFG during the third quarter valued at about $4,109,000. Soros Fund Management LLC acquired a new stake in TWFG in the third quarter worth about $2,712,000. Finally, Maven Securities LTD bought a new position in TWFG in the 3rd quarter valued at about $280,000.

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.