TWFG, Inc. (NASDAQ:TWFG) Given Consensus Recommendation of "Moderate Buy" by Brokerages

TWFG, Inc. (NASDAQ:TWFG - Get Free Report) has earned an average rating of "Moderate Buy" from the nine analysts that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $33.71.

Several equities research analysts have issued reports on TWFG shares. Keefe, Bruyette & Woods cut their target price on TWFG from $33.00 to $32.00 and set a "market perform" rating for the company in a research note on Wednesday, April 9th. JPMorgan Chase & Co. raised their target price on TWFG from $33.00 to $34.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th. Finally, Morgan Stanley raised their target price on TWFG from $29.00 to $34.00 and gave the stock an "equal weight" rating in a research note on Monday, May 19th.

Institutional Investors Weigh In On TWFG

A number of institutional investors have recently modified their holdings of TWFG. Tower Research Capital LLC TRC grew its stake 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 buying an additional 2,368 shares in the last quarter. State of Wyoming acquired a new stake in shares of TWFG in the first quarter valued at $113,000. Quantbot Technologies LP grew its stake in shares of 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 buying an additional 1,981 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of TWFG in the fourth quarter valued at $211,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in TWFG during the 4th quarter worth $244,000.

TWFG Trading Up 2.5%

TWFG stock traded up $0.87 during midday trading on Thursday, hitting $35.38. 68,976 shares of the company's stock were exchanged, compared to its average volume of 143,576. The business has a 50-day simple moving average of $34.27 and a two-hundred day simple moving average of $31.61. The company has a current ratio of 124.50, a quick ratio of 124.50 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $1.98 billion and a PE ratio of 3.28. TWFG has a 1-year low of $21.31 and a 1-year high of $36.85.

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.