Jefferies Group Analysts Give Funko (FNKO) a $13.00 Price Target

Funko (NASDAQ:FNKO) has been given a $13.00 price objective by stock analysts at Jefferies Group in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock. Jefferies Group’s price target suggests a potential upside of 39.78% from the stock’s current price.

FNKO has been the subject of several other research reports. Stifel Nicolaus began coverage on shares of Funko in a research note on Monday, November 27th. They issued a “buy” rating and a $11.00 price target for the company. Goldman Sachs Group began coverage on shares of Funko in a research note on Monday, November 27th. They issued a “buy” rating and a $16.00 price target for the company. Piper Jaffray Companies began coverage on shares of Funko in a research note on Monday, November 27th. They issued an “overweight” rating and a $12.00 price target for the company. BMO Capital Markets began coverage on shares of Funko in a research note on Monday, November 27th. They issued an “outperform” rating and a $10.00 price target for the company. Finally, SunTrust Banks initiated coverage on shares of Funko in a research note on Monday, November 27th. They issued a “buy” rating and a $11.00 price target for the company. Eight investment analysts have rated the stock with a buy rating, Funko has a consensus rating of “Buy” and a consensus target price of $12.38.

Funko (FNKO) traded down $0.41 during trading on Wednesday, hitting $9.30. 800,900 shares of the stock traded hands, compared to its average volume of 730,550. Funko has a twelve month low of $6.93 and a twelve month high of $9.90. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.16 and a quick ratio of 0.80.

In related news, Director Charles D. Denson acquired 13,300 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were purchased at an average cost of $12.00 per share, for a total transaction of $159,600.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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About Funko

Funko, Inc is a pop culture consumer products company. The Company is engaged in selling a broad range of pop culture consumer products, featuring characters from a range of media and entertainment content, including movies, TV shows, video games, music and sports. Its products combine its proprietary brands and designs into properties it licenses from content providers.

Analyst Recommendations for Funko (NASDAQ:FNKO)

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