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

JPMorgan Chase & Co. reissued their neutral rating on shares of TWFG (NASDAQ:TWFG) in a report published on Friday, MarketBeat Ratings reports. The firm currently has a $33.00 price target on the stock, up from their prior price target of $30.00.

Several other research firms have also issued reports on TWFG. DOWLING & PARTN upgraded shares of TWFG to a “hold” rating in a report on Wednesday, September 11th. Royal Bank of Canada raised their target price on TWFG from $30.00 to $38.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. Keefe, Bruyette & Woods boosted their target price on TWFG from $28.00 to $33.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Finally, Piper Sandler lifted their price objective on shares of TWFG from $30.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $31.86.

TWFG Price Performance

TWFG opened at $29.70 on Friday. The stock’s 50 day simple moving average is $31.84. TWFG has a fifty-two week low of $21.31 and a fifty-two week high of $36.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61.

Hedge Funds Weigh In On TWFG

A number of large investors have recently modified their holdings of the company. Seven Grand Managers LLC purchased a new position in shares of TWFG during the third quarter worth about $814,000. Symphony Financial Ltd. Co. bought a new position in shares of TWFG in the third quarter worth approximately $310,000. Emerald Mutual Fund Advisers Trust purchased a new position in shares of TWFG in the third quarter valued at about $133,000. Royce & Associates LP bought a new position in TWFG during the 3rd quarter valued at approximately $1,546,000. Finally, FMR LLC bought a new position in shares of TWFG during the third quarter valued at 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.