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

Shares of TWFG, Inc. (NASDAQ:TWFG) have been given an average rating of “Moderate Buy” by the nine brokerages that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $32.14.

TWFG has been the subject of a number of recent analyst reports. Piper Sandler raised their price objective on shares of TWFG from $30.00 to $37.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. Keefe, Bruyette & Woods raised their price objective on shares of TWFG from $28.00 to $33.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. BMO Capital Markets increased their target price on shares of TWFG from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Tuesday. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $33.00 target price (up from $30.00) on shares of TWFG in a report on Friday, January 3rd. Finally, Royal Bank of Canada increased their target price on shares of TWFG from $30.00 to $38.00 and gave the company an “outperform” rating in a report on Thursday, November 14th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. FMR LLC acquired a new position in TWFG in the 3rd quarter valued at $34,942,000. Bamco Inc. NY acquired a new position in TWFG in the 3rd quarter valued at $19,764,000. T. Rowe Price Investment Management Inc. grew its stake in shares of TWFG by 36.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,553,674 shares of the company’s stock valued at $47,854,000 after buying an additional 415,159 shares during the period. Lord Abbett & CO. LLC purchased a new stake in shares of TWFG during the 3rd quarter valued at $8,122,000. Finally, Capital International Investors grew its stake in shares of TWFG by 30.8% during the 4th quarter. Capital International Investors now owns 878,807 shares of the company’s stock valued at $27,067,000 after buying an additional 206,969 shares during the period.

TWFG Trading Down 3.5 %

Shares of TWFG opened at $30.76 on Friday. TWFG has a fifty-two week low of $21.31 and a fifty-two week high of $36.50. The firm has a 50-day simple moving average of $29.94 and a 200-day simple moving average of $29.96. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02.

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.