TWFG (NASDAQ:TWFG) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

TWFG (NASDAQ:TWFG) had its price target lifted by equities researchers at BMO Capital Markets from $30.00 to $32.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ price target indicates a potential upside of 0.41% from the company’s previous close.

Several other equities research analysts also recently weighed in on the company. Keefe, Bruyette & Woods increased their price objective on TWFG from $28.00 to $33.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $33.00 price target (up previously from $30.00) on shares of TWFG in a research note on Friday, January 3rd. Piper Sandler lifted their price objective on shares of TWFG from $30.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. Finally, Royal Bank of Canada upped 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. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $32.14.

TWFG Price Performance

Shares of NASDAQ TWFG opened at $31.87 on Tuesday. The business has a 50-day moving average price of $29.91 and a 200 day moving average price of $29.95. The company has a debt-to-equity ratio of 0.02, a current ratio of 122.61 and a quick ratio of 122.61. TWFG has a 52-week low of $21.31 and a 52-week high of $36.50.

Institutional Trading of TWFG

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quantbot Technologies LP lifted its position in TWFG by 57.8% in the fourth quarter. Quantbot Technologies LP now owns 5,407 shares of the company’s stock valued at $167,000 after purchasing an additional 1,981 shares during the period. Tower Research Capital LLC TRC increased its position in TWFG by 273.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company’s stock worth $100,000 after purchasing an additional 2,368 shares during the period. Venturi Wealth Management LLC purchased a new position in shares of TWFG during the 4th quarter worth approximately $86,000. LPL Financial LLC lifted its holdings in shares of TWFG by 13.0% in the 4th quarter. LPL Financial LLC now owns 31,171 shares of the company’s stock valued at $960,000 after buying an additional 3,585 shares during the period. Finally, Sei Investments Co. boosted its stake in shares of TWFG by 56.4% in the fourth quarter. Sei Investments Co. now owns 13,157 shares of the company’s stock valued at $405,000 after buying an additional 4,747 shares in the last quarter.

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.