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The New Economy Fund, Class 529-C Shares (CNGCX) Forecast

See the Price Targets and Ratings of:

CNGCX Analyst Rating

Moderate Buy
160ConsensusRatings
134Buy26Hold0Sell
Based on the Wall Street analyst consensus for 160 of CNGCX’s holdings.

CNGCX Analyst Price Target

$95.01▲(46.65% Upside)
Based on Wall Street analyst 12-month price targets for 160 of The New Economy Fund, Class 529-C Shares’s holdings in the last 3 months. The average price target is $95.01 with a high forecast of $122.57 and a low forecast of $73.18. The average price target represents a 46.65% change from the last price of $64.79.
Highest Price Target$122.57Average Price Target$95.01Lowest Price Target$73.18

CNGCX Stocks With Highest Upside Potential

CNGCX highest upside
NamePrice & ChangeAnalyst ConsensusAnalyst Price Target
Moderate Buy¥56,050.00
Strong Buy$42.00
Strong Buy$54.70
Strong Buy$72.39
Strong Buy¥21,868.60

CNGCX Stocks With Highest Downside Potential

CNGCX highest downside
NamePrice & ChangeAnalyst ConsensusAnalyst Price Target
Hold$79.14
HoldCHF76.80
Hold$345.17
Moderate Buy$49.47
Hold$853,702.50

CNGCX Mutual Fund FAQ

What is CNGCX’s average 12-month price target, according to analysts?
Based on Wall Street analyst price targets for 160 of CNGCX’s holdings, The New Economy Fund, Class 529-C Shares’s 12-month average price target is $95.01.
What is CNGCX’s upside potential, based on the analysts’ average price target?
CNGCX’s average price target of $95.01 represents a 46.65% upside from its last price of $64.79.
Is CNGCX a Buy, Sell or Hold?
The New Economy Fund, Class 529-C Shares has a consensus rating of Moderate Buy, based on the analyst consensus for 160 of CNGCX’s holdings: 134 rated Buy, 26 rated Hold and 0 rated Sell.
What is The New Economy Fund, Class 529-C Shares’s price target?
The average price target for The New Economy Fund, Class 529-C Shares is $95.01, based on Wall Street analyst 12-month price targets for 160 of CNGCX’s holdings, issued in the past 3 months. The highest price target is $122.57 and the lowest is $73.18. The average price target represents a 46.65% increase from the last price of $64.79.
How can I buy shares of CNGCX?
You can buy shares of CNGCX through a brokerage account. Compare brokers on our Best Online Brokers page.