What is target stock price in one year

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Reference no: EM131902289

You have found the following historical information for the Daniela Company: Year 1 Year 2 Year 3 Year 4 Stock price $ 47.63 $ 63.22 $ 63.64 $ 65.04 EPS 2.52 2.58 2.75 2.74 Earnings are expected to grow at 13 percent for the next year. Using the company's historical average PE as a benchmark, what is the target stock price in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Target price.

Reference no: EM131902289

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