TWFG, Inc. (NASDAQ:TWFG) Receives $32.86 Consensus Target Price from Analysts

TWFG, Inc. (NASDAQ:TWFG) has earned a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $32.8571.

Several research analysts have recently weighed in on TWFG shares. Morgan Stanley increased their price target on TWFG from $30.00 to $31.00 and gave the stock an “equal weight” rating in a research note on Monday, November 17th. Zacks Research lowered TWFG from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Weiss Ratings reissued a “sell (d)” rating on shares of TWFG in a report on Wednesday, January 21st. Royal Bank Of Canada assumed coverage on shares of TWFG in a research report on Monday, November 24th. They set an “outperform” rating and a $33.00 target price for the company. Finally, JPMorgan Chase & Co. upped their target price on shares of TWFG from $30.00 to $31.00 and gave the company a “neutral” rating in a research report on Monday, November 17th.

Institutional Trading of TWFG

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp lifted its stake in TWFG by 102.7% in the 4th quarter. Fifth Third Bancorp now owns 896 shares of the company’s stock worth $26,000 after purchasing an additional 454 shares in the last quarter. Quadrant Capital Group LLC acquired a new position in TWFG in the 4th quarter valued at about $68,000. Quantbot Technologies LP increased its stake in TWFG by 52.5% during the 2nd quarter. Quantbot Technologies LP now owns 4,053 shares of the company’s stock worth $142,000 after buying an additional 1,395 shares during the period. State of Tennessee Department of Treasury purchased a new position in shares of TWFG in the 2nd quarter valued at about $155,000. Finally, Russell Investments Group Ltd. acquired a new position in TWFG during the 3rd quarter worth approximately $142,000.

TWFG Price Performance

TWFG stock opened at $17.36 on Friday. The stock’s 50 day moving average is $25.85 and its 200 day moving average is $26.48. TWFG has a one year low of $16.56 and a one year high of $36.85. The firm has a market cap of $975.63 million, a P/E ratio of 39.46 and a beta of 0.10. The company has a debt-to-equity ratio of 0.01, a current ratio of 101.35 and a quick ratio of 101.35.

About TWFG

TWFG Insurance Services, Inc operates as a property and casualty insurance distribution company that provides personal and commercial insurance solutions through a hybrid model of company-owned branches and franchised offices. The firm offers a broad spectrum of insurance products, including auto, homeowners, renters, umbrella, flood and specialty lines coverage, tailored to meet the needs of individuals, families and businesses. By partnering with multiple insurance carriers, TWFG delivers competitive pricing and customized policy options designed to help clients manage risk and protect their assets.

Founded in 1980 and headquartered in Odessa, Texas, TWFG has expanded its network to serve customers across numerous U.S.