The New Economy Fund, Class 529-E Shares (CNGEX) Forecast
CNGEX Analyst Rating
Moderate Buy
136Buy24Hold0Sell
Based on the Wall Street analyst consensus for 160 of CNGEX’s holdings.
CNGEX Analyst Price Target
Average Price Target
$116.07▲(55.65% Upside)Based on Wall Street analyst 12-month price targets for 160 of The New Economy Fund, Class 529-E Shares’s holdings in the last 3 months. The average price target is $116.07 with a high forecast of $149.90 and a low forecast of $89.81. The average price target represents a 55.65% change from the last price of $74.57.
Past 12 Months12 Month ForecastFeb2026Nov2026
High$149.90
Average$116.07
Low$89.81
Highest Price TargetHighest$149.90Average Price Target$116.07Lowest Price TargetLowest$89.81
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CNGEX Mutual Fund FAQ
What is CNGEX’s average 12-month price target, according to analysts?
Based on Wall Street analyst price targets for 160 of CNGEX’s holdings, The New Economy Fund, Class 529-E Shares’s 12-month average price target is $116.07.
What is CNGEX’s upside potential, based on the analysts’ average price target?
CNGEX’s average price target of $116.07 represents a 55.65% upside from its last price of $74.57.
Is CNGEX a Buy, Sell or Hold?
The New Economy Fund, Class 529-E Shares has a consensus rating of Moderate Buy, based on the analyst consensus for 160 of CNGEX’s holdings: 136 rated Buy, 24 rated Hold and 0 rated Sell.
What is The New Economy Fund, Class 529-E Shares’s price target?
The average price target for The New Economy Fund, Class 529-E Shares is $116.07, based on Wall Street analyst 12-month price targets for 160 of CNGEX’s holdings, issued in the past 3 months. The highest price target is $149.90 and the lowest is $89.81. The average price target represents a 55.65% increase from the last price of $74.57.
How can I buy shares of CNGEX?
You can buy shares of CNGEX through a brokerage account. Compare brokers on our Best Online Brokers page.
