You are evaluating shares in Wal-Mart (WMT) and comparing it to Target (TGT). Wal-Mart had EPS last year of $4.80 per share and is expected to have EPS of $5.20 per share this year. Target is trading at $45.60 per share, had EPS last year of $3.40 per share and is expected to have EPS of $3.80 per share this year. Assuming that WMT should trade at the same forward P/E as TGT, compute WMTs stock price.

Answer rating: 100% (QA)

iForward PEP0E1 ii ... View the full answer