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

Several other research firms also recently weighed in on FNKO. BMO Capital Markets initiated coverage on Funko in a research note on Monday, November 27th. They issued an “outperform” rating and a $10.00 price target for the company. Stifel Nicolaus assumed coverage on Funko in a research report on Monday, November 27th. They set a “buy” rating and a $11.00 target price for the company. SunTrust Banks assumed coverage on Funko in a research report on Monday, November 27th. They set a “buy” rating and a $11.00 target price for the company. Goldman Sachs Group assumed coverage on Funko in a research report on Monday, November 27th. They set a “buy” rating and a $16.00 target price for the company. Finally, J P Morgan Chase & Co assumed coverage on Funko in a research report on Monday, November 27th. They set an “overweight” rating and a $14.00 target price for the company. Eight analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of $12.38.

Funko (FNKO) traded down $0.41 during midday 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 12-month low of $6.93 and a 12-month high of $9.90. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 1.75.

In other Funko news, Director Charles D. Denson bought 13,300 shares of Funko stock in a transaction on Monday, November 6th. The shares were acquired at an average price of $12.00 per share, for a total transaction of $159,600.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

WARNING: This story was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/12/06/jefferies-group-reiterates-13-00-price-target-for-funko-fnko.html.

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)

Receive News & Ratings for Funko Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Funko Inc. and related companies with MarketBeat.com's FREE daily email newsletter.