TWFG, Inc. (NASDAQ:TWFG) Receives $33.71 Consensus Target Price from Analysts

Shares of TWFG, Inc. (NASDAQ:TWFG - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the nine brokerages that are currently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $33.71.

Several brokerages have weighed in on TWFG. Morgan Stanley upped their target price on TWFG from $29.00 to $34.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. BMO Capital Markets increased their price objective on TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a report on Tuesday, March 4th. Keefe, Bruyette & Woods reduced their target price on shares of TWFG from $33.00 to $32.00 and set a "market perform" rating for the company in a research note on Wednesday, April 9th. Finally, JPMorgan Chase & Co. increased their price target on shares of TWFG from $33.00 to $34.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th.

Hedge Funds Weigh In On TWFG

Hedge funds have recently added to or reduced their stakes in the stock. Y Intercept Hong Kong Ltd bought a new stake in shares of TWFG in the fourth quarter worth about $244,000. ExodusPoint Capital Management LP grew its position in shares of TWFG by 199.0% in the 4th quarter. ExodusPoint Capital Management LP now owns 99,122 shares of the company's stock valued at $3,053,000 after purchasing an additional 65,968 shares during the period. JPMorgan Chase & Co. bought a new stake in TWFG during the 4th quarter worth approximately $410,000. Vanguard Group Inc. raised its holdings in TWFG by 5.5% during the 4th quarter. Vanguard Group Inc. now owns 616,899 shares of the company's stock worth $19,000,000 after buying an additional 32,382 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in TWFG during the 4th quarter worth approximately $688,000.

TWFG Stock Down 1.6%

NASDAQ TWFG traded down $0.58 during trading on Friday, reaching $34.93. 64,778 shares of the company's stock were exchanged, compared to its average volume of 144,339. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02. TWFG has a fifty-two week low of $21.31 and a fifty-two week high of $38.71. The company's fifty day simple moving average is $32.74 and its 200-day simple moving average is $31.29. The firm has a market capitalization of $1.96 billion and a PE ratio of 3.24.

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.