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American Funds - The New Economy Fund Class R-2 Shares (RNGBX) Forecast

See the Price Targets and Ratings of:

RNGBX Analyst Rating

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

RNGBX Analyst Price Target

$100.13▲(51.91% Upside)
Based on Wall Street analyst 12-month price targets for 160 of American Funds - The New Economy Fund Class R-2 Shares’s holdings in the last 3 months. The average price target is $100.13 with a high forecast of $129.19 and a low forecast of $77.54. The average price target represents a 51.91% change from the last price of $65.91.
Highest Price Target$129.19Average Price Target$100.13Lowest Price Target$77.54

RNGBX Stocks With Highest Upside Potential

RNGBX highest upside
NamePrice & ChangeAnalyst ConsensusAnalyst Price Target
Moderate Buy¥56,050.00
Strong Buy$42.00
Strong Buy$54.00
Strong Buy¥21,868.60
Strong Buy₩2,755,000.00

RNGBX Stocks With Highest Downside Potential

RNGBX highest downside
NamePrice & ChangeAnalyst ConsensusAnalyst Price Target
Hold$345.17
HoldCHF76.80
Hold€89.00
Hold$79.14
Moderate Buy$338.28

RNGBX Mutual Fund FAQ

What is RNGBX’s average 12-month price target, according to analysts?
Based on Wall Street analyst price targets for 160 of RNGBX’s holdings, American Funds - The New Economy Fund Class R-2 Shares’s 12-month average price target is $100.13.
What is RNGBX’s upside potential, based on the analysts’ average price target?
RNGBX’s average price target of $100.13 represents a 51.91% upside from its last price of $65.91.
Is RNGBX a Buy, Sell or Hold?
American Funds - The New Economy Fund Class R-2 Shares has a consensus rating of Moderate Buy, based on the analyst consensus for 160 of RNGBX’s holdings: 136 rated Buy, 24 rated Hold and 0 rated Sell.
What is American Funds - The New Economy Fund Class R-2 Shares’s price target?
The average price target for American Funds - The New Economy Fund Class R-2 Shares is $100.13, based on Wall Street analyst 12-month price targets for 160 of RNGBX’s holdings, issued in the past 3 months. The highest price target is $129.19 and the lowest is $77.54. The average price target represents a 51.91% increase from the last price of $65.91.
How can I buy shares of RNGBX?
You can buy shares of RNGBX through a brokerage account. Compare brokers on our Best Online Brokers page.