TWFG, Inc. (NASDAQ:TWFG) Receives Average Rating of “Moderate Buy” from Analysts

Shares of TWFG, Inc. (NASDAQ:TWFG) have been given a consensus recommendation of “Moderate Buy” by the nine analysts that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $32.14.

A number of research firms have recently issued reports on TWFG. Keefe, Bruyette & Woods increased their target price on TWFG from $28.00 to $33.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $33.00 price objective (up previously from $30.00) on shares of TWFG in a research report on Friday, January 3rd. Finally, BMO Capital Markets boosted their target price on shares of TWFG from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 4th.

TWFG Price Performance

Shares of TWFG stock opened at $30.55 on Tuesday. The company has a fifty day moving average price of $30.20 and a 200 day moving average price of $30.22. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02. TWFG has a twelve month low of $21.31 and a twelve month high of $36.50.

Hedge Funds Weigh In On TWFG

Several institutional investors and hedge funds have recently made changes to their positions in TWFG. Geode Capital Management LLC bought a new stake in shares of TWFG in the third quarter worth $3,699,000. Y Intercept Hong Kong Ltd bought a new stake in shares of TWFG in the 4th quarter worth about $244,000. FMR LLC acquired a new stake in shares of TWFG in the 3rd quarter valued at about $34,942,000. Lord Abbett & CO. LLC bought a new position in shares of TWFG during the third quarter worth about $8,122,000. Finally, Franklin Resources Inc. acquired a new position in TWFG in the third quarter worth about $293,000.

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.