In a report released yesterday, Drew Crum from Stifel Nicolaus reiterated a Buy rating on Funko Inc (NASDAQ: FNKO), with a price target of $20. The company’s shares closed yesterday at $17.37, close to its 52-week high of $18.79.
According to TipRanks.com, Crum is a top 100 analyst with an average return of 36.4% and a 87.2% success rate. Crum covers the Consumer Goods sector, focusing on stocks such as Brunswick Corporation, Electronic Arts, and Harley-Davidson.
Currently, the analyst consensus on Funko Inc is a Strong Buy with an average price target of $16.33, representing a -6.0% downside. In a report issued on July 19, Piper Jaffray also reiterated a Buy rating on the stock with a $18 price target.
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The company has a one-year high of $18.79 and a one-year low of $5.81. Currently, Funko Inc has an average volume of 403.3K.
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Funko, Inc. engages in designing, sourcing and distributing licensed pop culture product. It offers products like movie, TV show, video game, musician or sports team. The company was founded in April 21, 2017 and is headquartered in Everett, WA.
