Funko (NASDAQ:FNKO) Stock Rating Lowered by BMO Capital Markets

BMO Capital Markets lowered shares of Funko (NASDAQ:FNKO) from an outperform rating to a market perform rating in a research report released on Tuesday, December 19th, Marketbeat Ratings reports. BMO Capital Markets currently has $10.00 price target on the stock.

Several other research analysts have also recently commented on the stock. Jefferies Group assumed coverage on shares of Funko in a report on Monday, November 27th. They issued a buy rating and a $13.00 target price for the company. JPMorgan Chase & Co. began coverage on shares of Funko in a research report on Monday, November 27th. They issued an overweight rating and a $14.00 price target for the company. Goldman Sachs Group initiated coverage on shares of Funko in a research report on Monday, November 27th. They issued a buy rating and a $16.00 price target for the company. Stifel Nicolaus initiated coverage on shares of Funko in a research report on Monday, November 27th. They set a buy rating and a $11.00 price objective on the stock. Finally, Bank of America initiated coverage on shares of Funko in a research report on Monday, November 27th. They set a buy rating and a $12.00 price objective on the stock. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of $12.38.

Funko (NASDAQ FNKO) traded up $0.43 during trading hours on Tuesday, hitting $7.12. 748,200 shares of the stock traded hands, compared to its average volume of 691,510. Funko has a one year low of $5.81 and a one year high of $9.90. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.67 and a current ratio of 1.06. The company has a market cap of $166.16 and a price-to-earnings ratio of 22.97.

In related news, Director Charles D. Denson acquired 13,300 shares of the stock in a transaction dated 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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Funko Company Profile

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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