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American Funds - The New Economy Fund Class R-5 Shares (RNGFX) Forecast

See the Price Targets and Ratings of:

RNGFX Analyst Rating

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

RNGFX Analyst Price Target

$122.17▲(46.65% Upside)
Based on Wall Street analyst 12-month price targets for 160 of American Funds - The New Economy Fund Class R-5 Shares’s holdings in the last 3 months. The average price target is $122.17 with a high forecast of $157.60 and a low forecast of $94.09. The average price target represents a 46.65% change from the last price of $83.31.
Highest Price Target$157.60Average Price Target$122.17Lowest Price Target$94.09

RNGFX Stocks With Highest Upside Potential

RNGFX 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

RNGFX Stocks With Highest Downside Potential

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

RNGFX Mutual Fund FAQ

What is RNGFX’s average 12-month price target, according to analysts?
Based on Wall Street analyst price targets for 160 of RNGFX’s holdings, American Funds - The New Economy Fund Class R-5 Shares’s 12-month average price target is $122.17.
What is RNGFX’s upside potential, based on the analysts’ average price target?
RNGFX’s average price target of $122.17 represents a 46.65% upside from its last price of $83.31.
Is RNGFX a Buy, Sell or Hold?
American Funds - The New Economy Fund Class R-5 Shares has a consensus rating of Moderate Buy, based on the analyst consensus for 160 of RNGFX’s holdings: 134 rated Buy, 26 rated Hold and 0 rated Sell.
What is American Funds - The New Economy Fund Class R-5 Shares’s price target?
The average price target for American Funds - The New Economy Fund Class R-5 Shares is $122.17, based on Wall Street analyst 12-month price targets for 160 of RNGFX’s holdings, issued in the past 3 months. The highest price target is $157.60 and the lowest is $94.09. The average price target represents a 46.65% increase from the last price of $83.31.
How can I buy shares of RNGFX?
You can buy shares of RNGFX through a brokerage account. Compare brokers on our Best Online Brokers page.