TWFG (NASDAQ:TWFG) Price Target Raised to $42.00

TWFG (NASDAQ:TWFG - Free Report) had its price objective lifted by UBS Group from $40.00 to $42.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also weighed in on the company. Morgan Stanley lifted their target price on TWFG from $29.00 to $34.00 and gave the company an "equal weight" rating in a research report on Monday, May 19th. JPMorgan Chase & Co. lifted their target price on TWFG from $33.00 to $34.00 and gave the company a "neutral" rating in a research report on Monday, May 19th. Finally, Keefe, Bruyette & Woods decreased their target price on TWFG from $33.00 to $32.00 and set a "market perform" rating for the company in a research report on Wednesday, April 9th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, TWFG has a consensus rating of "Moderate Buy" and an average target price of $35.57.

TWFG Trading Down 3.4%

Shares of NASDAQ:TWFG traded down $1.14 during trading hours on Wednesday, hitting $32.69. 34,924 shares of the company's stock traded hands, compared to its average volume of 142,037. TWFG has a 1 year low of $21.31 and a 1 year high of $36.85. The business has a fifty day moving average price of $34.50 and a 200-day moving average price of $31.77. The firm has a market capitalization of $1.83 billion and a P/E ratio of 3.04. The company has a debt-to-equity ratio of 0.01, a current ratio of 124.50 and a quick ratio of 124.50.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC raised its position in shares of TWFG by 273.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company's stock worth $100,000 after acquiring an additional 2,368 shares in the last quarter. State of Wyoming bought a new position in shares of TWFG in the 1st quarter worth $113,000. Quantbot Technologies LP raised its position in shares of TWFG by 57.8% in the 4th quarter. Quantbot Technologies LP now owns 5,407 shares of the company's stock worth $167,000 after acquiring an additional 1,981 shares in the last quarter. Janus Henderson Group PLC bought a new position in shares of TWFG in the 4th quarter worth $211,000. Finally, Walleye Capital LLC bought a new position in shares of TWFG in the 1st quarter worth $263,000.

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.