TWFG, Inc. (NASDAQ:TWFG) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• TWFG, Inc. has received a consensus rating of "Moderate Buy" from seven analysts, with an average twelve-month price objective of $34.57.
• Recently, UBS Group raised its price target on TWFG from $40.00 to $42.00 while Morgan Stanley reduced theirs from $35.00 to $32.00.
• The company's stock is currently trading at $23.79, down 3.2%, and has a market capitalization of $1.33 billion.

TWFG, Inc. (NASDAQ:TWFG - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the seven brokerages that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $34.5714.

A number of research firms recently weighed in on TWFG. Piper Sandler lowered their target price on shares of TWFG from $38.00 to $32.00 and set an "overweight" rating on the stock in a research note on Thursday, August 14th. Morgan Stanley reduced their target price on shares of TWFG from $35.00 to $32.00 and set an "equal weight" rating on the stock in a research report on Monday, August 18th. Finally, UBS Group raised their price target on TWFG from $40.00 to $42.00 and gave the company a "buy" rating in a report on Wednesday, July 9th.

TWFG Stock Performance

Shares of TWFG traded down $0.16 during mid-day trading on Tuesday, hitting $25.10. The company's stock had a trading volume of 220,588 shares, compared to its average volume of 130,577. The company has a debt-to-equity ratio of 0.01, a quick ratio of 105.86 and a current ratio of 105.86. The stock's 50-day moving average is $28.27 and its two-hundred day moving average is $31.23. TWFG has a one year low of $23.52 and a one year high of $36.85. The firm has a market capitalization of $1.41 billion, a PE ratio of 61.22 and a beta of 0.28.

Institutional Investors Weigh In On TWFG

Several institutional investors have recently modified their holdings of the business. T. Rowe Price Investment Management Inc. grew its position in shares of TWFG by 28.0% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 1,988,671 shares of the company's stock worth $61,470,000 after buying an additional 434,997 shares during the period. Alliancebernstein L.P. boosted its stake in TWFG by 15.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,170,377 shares of the company's stock worth $36,176,000 after acquiring an additional 159,155 shares during the last quarter. Bamco Inc. NY raised its holdings in TWFG by 3.9% during the 2nd quarter. Bamco Inc. NY now owns 902,061 shares of the company's stock worth $31,572,000 after buying an additional 34,237 shares during the period. Vanguard Group Inc. raised its holdings in TWFG by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 621,151 shares of the company's stock worth $19,200,000 after buying an additional 4,252 shares during the period. Finally, Nuveen LLC acquired a new stake in TWFG during the 1st quarter worth approximately $15,501,000.

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.