Jefferies Group Reiterates $13.00 Price Target for Funko (FNKO)
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.
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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.
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