TWFG, Inc. (NASDAQ:TWFG) Receives $31.86 Average Target Price from Brokerages

Shares of TWFG, Inc. (NASDAQ:TWFG) have been assigned a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $31.86.

TWFG has been the topic of several analyst reports. Keefe, Bruyette & Woods upped their price objective on TWFG from $28.00 to $33.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Royal Bank of Canada upped 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. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $33.00 price objective (up from $30.00) on shares of TWFG in a research report on Friday, January 3rd. Finally, Piper Sandler boosted their target price on TWFG from $30.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th.

TWFG Stock Performance

Shares of NASDAQ TWFG opened at $30.80 on Monday. The firm’s 50 day moving average price is $30.38 and its 200-day moving average price is $29.02. TWFG has a 52-week low of $21.31 and a 52-week high of $36.50. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TWFG. Venturi Wealth Management LLC bought a new position in shares of TWFG in the 4th quarter worth approximately $86,000. Quantbot Technologies LP bought a new position in TWFG in the third quarter worth approximately $93,000. Emerald Mutual Fund Advisers Trust bought a new position in TWFG in the third quarter worth approximately $133,000. Alberta Investment Management Corp boosted its stake in shares of TWFG by 4.4% during the 4th quarter. Alberta Investment Management Corp now owns 124,462 shares of the company’s stock worth $3,833,000 after acquiring an additional 5,215 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of TWFG during the 4th quarter valued at $244,000.

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.