TWFG’s (TWFG) Neutral Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their neutral rating on shares of TWFG (NASDAQ:TWFG) in a research report released on Friday, Marketbeat Ratings reports. They currently have a $33.00 price objective on the stock, up from their prior price objective of $30.00.

TWFG has been the topic of several other reports. Royal Bank of Canada boosted their price objective on shares of TWFG from $30.00 to $38.00 and gave the company an “outperform” rating in a research report on Thursday, November 14th. Keefe, Bruyette & Woods boosted their price target on TWFG from $28.00 to $33.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Piper Sandler increased their price objective on TWFG from $30.00 to $37.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. Finally, DOWLING & PARTN upgraded TWFG to a “hold” rating in a research note on Wednesday, September 11th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.86.

TWFG Stock Down 1.0 %

Shares of TWFG opened at $29.70 on Friday. TWFG has a twelve month low of $21.31 and a twelve month high of $36.50. 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 firm has a 50 day moving average of $31.84.

Hedge Funds Weigh In On TWFG

Several hedge funds and other institutional investors have recently made changes to their positions in TWFG. FMR LLC acquired a new stake in TWFG in the third quarter valued at $34,942,000. Lord Abbett & CO. LLC bought a new stake in shares of TWFG in the 3rd quarter valued at about $8,122,000. Seven Grand Managers LLC bought a new stake in shares of TWFG in the 3rd quarter valued at about $814,000. Franklin Resources Inc. acquired a new stake in TWFG in the 3rd quarter valued at about $293,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in TWFG during the third quarter worth about $4,068,000.

About TWFG

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.