Equities research analysts at Goldman Sachs Group Inc assumed coverage on shares of Funko, Inc. (NASDAQ:FNKO) in a note issued to investors on Monday. The brokerage set a “buy” rating and a $16.00 price target on the stock. Goldman Sachs Group Inc’s target price indicates a potential upside of 95.12% from the stock’s current price.

A number of other research analysts have also recently issued reports on the stock. J P Morgan Chase & Co initiated coverage on shares of Funko in a research report on Monday. They set an “overweight” rating and a $14.00 price target for the company. Jefferies Group LLC initiated coverage on shares of Funko in a research report on Monday. They set a “buy” rating and a $13.00 price target for the company. 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 a consensus target price of $12.38.

Shares of Funko (FNKO) traded up $0.08 during midday trading on Monday, reaching $8.20. 275,300 shares of the company were exchanged, compared to its average volume of 665,343. Funko has a one year low of $6.93 and a one year high of $8.60.

In other news, Director Charles D. Denson acquired 13,300 shares of Funko stock in a transaction on Monday, November 6th. The stock was acquired at an average cost of $12.00 per share, for a total transaction of $159,600.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

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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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