TWFG, Inc. Receives Moderate Buy Rating from Analysts
TWFG, Inc. (NASDAQ:TWFG) has been given an average consensus rating of "Moderate Buy" by nine analysts who are currently covering the company, according to reports from MarketBeat. Out of these analysts, three have assigned a hold rating, while six have rated the stock as a buy. The average target price for TWFG shares over the next year is estimated to be $31.14.
Several equity analysts have offered their insights on TWFG stock. On August 30, JPMorgan Chase & Co. raised their target price for TWFG shares from $26.50 to $28.00 and rated the stock as "overweight" in their research note. In another evaluation, Piper Sandler increased its price target for TWFG from $30.00 to $37.00, also assigning an "overweight" rating in a report on November 11. DOWLING & PARTN upgraded the stock to a "hold" rating on September 11. In a separate note, William Blair initiated coverage of TWFG on August 21, giving it an "outperform" rating. BMO Capital Markets reaffirmed an "outperform" rating and set a price target of $30.00 on August 28.
Institutional Investments in TWFG
Institutional investors and hedge funds have made adjustments to their holdings in TWFG recently. For instance, Seven Grand Managers LLC acquired a new stake valued at approximately $814,000 in the third quarter. Symphony Financial Ltd. Co. also purchased a fresh stake worth $310,000 during the same period. Other investors, such as Emerald Mutual Fund Advisers Trust, Royce & Associates LP, and FMR LLC, have also taken new positions in TWFG, indicating growing institutional interest.
Stock Performance Overview
As of the last trading session, TWFG shares opened at $30.81. The stock has experienced a 12-month low of $21.31 and a 12-month high of $36.50. Financial indicators for the company show a debt-to-equity ratio of 0.02 and impressively high liquidity ratios with a quick and current ratio of 122.61. The stock has a 50-day simple moving average of $31.87, showcasing its recent price trend.
About TWFG, Inc.
TWFG, Inc. operates an independent distribution platform that offers a variety of personal and commercial insurance products throughout the United States. Its extensive range of insurance products includes auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, and luxury item insurance, in addition to general liability insurance, property insurance, business auto insurance, workers' compensation, professional liability products, and more. This diverse offering positions TWFG as a versatile player in the insurance market.
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