TWFG (NASDAQ:TWFG) Price Target Lowered to $30.00 at Morgan Stanley

TWFG (NASDAQ:TWFG) had its price target lowered by Morgan Stanley from $31.00 to $30.00 in a research report report published on Tuesday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

A number of other equities analysts also recently commented on the company. BMO Capital Markets lifted their target price on TWFG from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods boosted 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. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $33.00 target price (up from $30.00) on shares of TWFG in a research report on Friday, January 3rd. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, TWFG has a consensus rating of “Moderate Buy” and an average price target of $33.14.

TWFG Price Performance

NASDAQ TWFG opened at $29.91 on Tuesday. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02. TWFG has a one year low of $21.31 and a one year high of $36.50. The company has a 50-day simple moving average of $30.22 and a 200-day simple moving average of $30.22.

Institutional Trading of TWFG

Several large investors have recently added to or reduced their stakes in the business. Venturi Wealth Management LLC bought a new position in shares of TWFG in the fourth quarter worth $86,000. Quantbot Technologies LP acquired a new stake in shares of TWFG in the 3rd quarter worth approximately $93,000. Tower Research Capital LLC TRC boosted its holdings in shares of TWFG by 273.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company’s stock valued at $100,000 after acquiring an additional 2,368 shares in the last quarter. Janus Henderson Group PLC bought a new stake in TWFG during the fourth quarter worth approximately $211,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in TWFG in the fourth quarter worth approximately $244,000.

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.