TWFG (NASDAQ:TWFG) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

TWFG (NASDAQ:TWFG) had its price target raised by investment analysts at Keefe, Bruyette & Woods from $28.00 to $33.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price would suggest a potential downside of 5.63% from the company’s previous close.

A number of other brokerages also recently weighed in on TWFG. UBS Group assumed coverage on shares of TWFG in a report on Monday, August 12th. They issued a “buy” rating and a $29.00 price target for the company. Morgan Stanley began coverage on shares of TWFG in a research note on Monday, August 12th. They set an “equal weight” rating and a $23.00 target price for the company. JPMorgan Chase & Co. raised their target price on shares of TWFG from $26.50 to $28.00 and gave the stock an “overweight” rating in a report on Friday, August 30th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $30.00 price target on shares of TWFG in a report on Wednesday, August 28th. Finally, DOWLING & PARTN raised TWFG to a “hold” rating in a research note on Wednesday, September 11th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $31.14.

TWFG Price Performance

TWFG opened at $34.97 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61. The stock has a fifty day moving average price of $31.12. TWFG has a one year low of $21.31 and a one year high of $36.50.

Institutional Trading of TWFG

Hedge funds and other institutional investors have recently modified their holdings of the business. Quantbot Technologies LP acquired a new position in TWFG during the third quarter valued at $93,000. Emerald Mutual Fund Advisers Trust acquired a new position in shares of TWFG in the 3rd quarter valued at about $133,000. Franklin Resources Inc. purchased a new stake in shares of TWFG in the third quarter worth approximately $293,000. Maven Securities LTD acquired a new stake in shares of TWFG during the third quarter worth approximately $280,000. Finally, Symphony Financial Ltd. Co. acquired a new stake in shares of TWFG during the third quarter worth approximately $310,000.

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.