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

TWFG, Inc. (NASDAQ:TWFG) has been assigned an average rating of “Moderate Buy” from the nine analysts that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned 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 $31.14.

A number of brokerages have recently issued reports on TWFG. Keefe, Bruyette & Woods upped their price objective on shares of 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. raised their price objective on TWFG from $26.50 to $28.00 and gave the company an “overweight” rating in a research note on Friday, August 30th. Piper Sandler boosted their target price on TWFG from $30.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. Royal Bank of Canada raised their price target on TWFG from $30.00 to $38.00 and gave the stock an “outperform” rating in a research report on Thursday, November 14th. Finally, DOWLING & PARTN raised TWFG to a “hold” rating in a research note on Wednesday, September 11th.

TWFG Stock Up 1.9 %

Shares of TWFG opened at $29.23 on Friday. TWFG has a 1 year low of $21.31 and a 1 year high of $36.50. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average price of $31.91.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Seven Grand Managers LLC purchased a new stake in shares of TWFG in the 3rd quarter worth about $814,000. Symphony Financial Ltd. Co. purchased a new stake in TWFG in the third quarter worth about $310,000. Emerald Mutual Fund Advisers Trust bought a new stake in TWFG during the 3rd quarter valued at approximately $133,000. Royce & Associates LP purchased a new position in shares of TWFG during the 3rd quarter worth approximately $1,546,000. Finally, FMR LLC bought a new position in shares of TWFG in the 3rd quarter worth approximately $34,942,000.

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.