Estimate the value of shares in xyz

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XYZ Company operates in the retail sector. John, in an attempt to estimate the value of shares in XYZ, has found that average retail sector PE ratio is 30. If an analyst predicts the EPS for XYZ in the next period to be $2.20 per share, which of the following seems to be the appropriate value of an XYZ share?

Reference no: EM132504424

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