TWFG (NASDAQ:TWFG) Given “Neutral” Rating at JPMorgan Chase & Co.

TWFG (NASDAQ:TWFG)‘s stock had its “neutral” rating reiterated by JPMorgan Chase & Co. in a research report issued to clients and investors on Friday, MarketBeat.com reports. They presently have a $33.00 target price on the stock, up from their prior target price of $30.00. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 11.11% from the company’s previous close.

Several other analysts have also recently weighed in on the stock. Piper Sandler upped their price objective 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. DOWLING & PARTN upgraded TWFG to a “hold” rating in a research report on Wednesday, September 11th. Royal Bank of Canada raised their price target on TWFG from $30.00 to $38.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. Finally, Keefe, Bruyette & Woods boosted 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. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $31.86.

TWFG Stock Down 1.0 %

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

Institutional Investors Weigh In On TWFG

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quantbot Technologies LP acquired a new position in shares of TWFG during the third quarter valued at $93,000. Emerald Mutual Fund Advisers Trust acquired a new position in TWFG during the 3rd quarter valued at about $133,000. Franklin Resources Inc. acquired a new position in TWFG during the 3rd quarter valued at about $293,000. Maven Securities LTD bought a new position in shares of TWFG in the 3rd quarter valued at about $280,000. Finally, Symphony Financial Ltd. Co. acquired a new stake in shares of TWFG during the 3rd quarter worth 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.