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The New Economy Fund, Class 529-F-1 Shares (CNGFX) Forecast

See the Price Targets and Ratings of:

CNGFX Analyst Rating

Moderate Buy
160ConsensusRatings
136Buy24Hold0Sell
Based on the Wall Street analyst consensus for 160 of CNGFX’s holdings.

CNGFX Analyst Price Target

$133.98▲(55.65% Upside)
Based on Wall Street analyst 12-month price targets for 160 of The New Economy Fund, Class 529-F-1 Shs’s holdings in the last 3 months. The average price target is $133.98 with a high forecast of $173.04 and a low forecast of $103.67. The average price target represents a 55.65% change from the last price of $86.08.
Highest Price Target$173.04Average Price Target$133.98Lowest Price Target$103.67

CNGFX Stocks With Highest Upside Potential

CNGFX highest upside
NamePrice & ChangeAnalyst ConsensusAnalyst Price Target
Moderate Buy¥56,050.00
Strong Buy$42.00
Strong Buy$53.25
Strong Buy¥21,401.81
Strong Buy₩2,755,000.00

CNGFX Stocks With Highest Downside Potential

CNGFX highest downside
NamePrice & ChangeAnalyst ConsensusAnalyst Price Target
Hold$345.17
Moderate BuyCHF77.33
Hold€89.00
Hold$79.31
Hold$838,702.50

CNGFX Mutual Fund FAQ

What is CNGFX’s average 12-month price target, according to analysts?
Based on Wall Street analyst price targets for 160 of CNGFX’s holdings, The New Economy Fund, Class 529-F-1 Shs’s 12-month average price target is $133.98.
What is CNGFX’s upside potential, based on the analysts’ average price target?
CNGFX’s average price target of $133.98 represents a 55.65% upside from its last price of $86.08.
Is CNGFX a Buy, Sell or Hold?
The New Economy Fund, Class 529-F-1 Shs has a consensus rating of Moderate Buy, based on the analyst consensus for 160 of CNGFX’s holdings: 136 rated Buy, 24 rated Hold and 0 rated Sell.
What is The New Economy Fund, Class 529-F-1 Shs’s price target?
The average price target for The New Economy Fund, Class 529-F-1 Shs is $133.98, based on Wall Street analyst 12-month price targets for 160 of CNGFX’s holdings, issued in the past 3 months. The highest price target is $173.04 and the lowest is $103.67. The average price target represents a 55.65% increase from the last price of $86.08.
How can I buy shares of CNGFX?
You can buy shares of CNGFX through a brokerage account. Compare brokers on our Best Online Brokers page.