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American Funds - The New Economy Fund Class R-4 Shares (RNGEX) Forecast

See the Price Targets and Ratings of:

RNGEX Analyst Rating

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

RNGEX Analyst Price Target

$117.74▲(46.65% Upside)
Based on Wall Street analyst 12-month price targets for 160 of American Funds - The New Economy Fund Class R-4 Shares’s holdings in the last 3 months. The average price target is $117.74 with a high forecast of $151.89 and a low forecast of $90.68. The average price target represents a 46.65% change from the last price of $80.29.
Highest Price Target$151.89Average Price Target$117.74Lowest Price Target$90.68

RNGEX Stocks With Highest Upside Potential

RNGEX 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

RNGEX Stocks With Highest Downside Potential

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

RNGEX Mutual Fund FAQ

What is RNGEX’s average 12-month price target, according to analysts?
Based on Wall Street analyst price targets for 160 of RNGEX’s holdings, American Funds - The New Economy Fund Class R-4 Shares’s 12-month average price target is $117.74.
What is RNGEX’s upside potential, based on the analysts’ average price target?
RNGEX’s average price target of $117.74 represents a 46.65% upside from its last price of $80.29.
Is RNGEX a Buy, Sell or Hold?
American Funds - The New Economy Fund Class R-4 Shares has a consensus rating of Moderate Buy, based on the analyst consensus for 160 of RNGEX’s holdings: 134 rated Buy, 26 rated Hold and 0 rated Sell.
What is American Funds - The New Economy Fund Class R-4 Shares’s price target?
The average price target for American Funds - The New Economy Fund Class R-4 Shares is $117.74, based on Wall Street analyst 12-month price targets for 160 of RNGEX’s holdings, issued in the past 3 months. The highest price target is $151.89 and the lowest is $90.68. The average price target represents a 46.65% increase from the last price of $80.29.
How can I buy shares of RNGEX?
You can buy shares of RNGEX through a brokerage account. Compare brokers on our Best Online Brokers page.