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Share Price Assignment | Homework For You

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May 22nd, 2020

Company Lagrange has three close peers whose current stock prices per share (P) and NTM EPS values are as follows. Peer 1: P = $60, EPS = $7; Peer 2: P = $70, EPS = $8; Peer 3: P = $80, EPS = $9. Lagrange’s NTM EPS = $10. What should be its share price based on the maximum PE multiple of its three close peers?Get Finance homework help todayHomework For You

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