The New Economy Fund, Class 529-A Shares (CNGAX) Forecast
CNGAX Analyst Rating
Moderate Buy
136Buy24Hold0Sell
Based on the Wall Street analyst consensus for 160 of CNGAX’s holdings.
CNGAX Analyst Price Target
Average Price Target
$120.94▲(55.65% Upside)Based on Wall Street analyst 12-month price targets for 160 of The New Economy Fund, Class 529-A Shares’s holdings in the last 3 months. The average price target is $120.94 with a high forecast of $156.19 and a low forecast of $93.57. The average price target represents a 55.65% change from the last price of $77.70.
Past 12 Months12 Month ForecastFeb2026Nov2026
High$156.19
Average$120.94
Low$93.57
Highest Price TargetHighest$156.19Average Price Target$120.94Lowest Price TargetLowest$93.57
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CNGAX Mutual Fund FAQ
What is CNGAX’s average 12-month price target, according to analysts?
Based on Wall Street analyst price targets for 160 of CNGAX’s holdings, The New Economy Fund, Class 529-A Shares’s 12-month average price target is $120.94.
What is CNGAX’s upside potential, based on the analysts’ average price target?
CNGAX’s average price target of $120.94 represents a 55.65% upside from its last price of $77.70.
Is CNGAX a Buy, Sell or Hold?
The New Economy Fund, Class 529-A Shares has a consensus rating of Moderate Buy, based on the analyst consensus for 160 of CNGAX’s holdings: 136 rated Buy, 24 rated Hold and 0 rated Sell.
What is The New Economy Fund, Class 529-A Shares’s price target?
The average price target for The New Economy Fund, Class 529-A Shares is $120.94, based on Wall Street analyst 12-month price targets for 160 of CNGAX’s holdings, issued in the past 3 months. The highest price target is $156.19 and the lowest is $93.57. The average price target represents a 55.65% increase from the last price of $77.70.
How can I buy shares of CNGAX?
You can buy shares of CNGAX through a brokerage account. Compare brokers on our Best Online Brokers page.
