Analysts Set TWFG, Inc. (NASDAQ:TWFG) Price Target at $32.14

TWFG, Inc. (NASDAQ:TWFG) has been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $33.14.

TWFG has been the topic of a number of research reports. Morgan Stanley lowered their price objective on TWFG from $31.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 25th. 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. BMO Capital Markets increased their price objective on shares of TWFG from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Tuesday, March 4th. Finally, Keefe, Bruyette & Woods lifted their target price 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.

TWFG Stock Performance

NASDAQ TWFG opened at $30.50 on Tuesday. TWFG has a twelve month low of $21.31 and a twelve month 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. The firm has a 50-day simple moving average of $30.22 and a 200 day simple moving average of $30.26.

Hedge Funds Weigh In On TWFG

Several institutional investors have recently added to or reduced their stakes in TWFG. Geode Capital Management LLC acquired a new stake in shares of TWFG during the third quarter worth approximately $3,699,000. Y Intercept Hong Kong Ltd bought a new stake in TWFG during the 4th quarter worth approximately $244,000. FMR LLC acquired a new stake in TWFG during the 3rd quarter valued at $34,942,000. Lord Abbett & CO. LLC bought a new position in TWFG in the 3rd quarter valued at $8,122,000. Finally, Franklin Resources Inc. acquired a new position in TWFG in the third quarter worth $293,000.

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.