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#12 You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following: Walmart Statistics: Value:
#12 You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following: Walmart Statistics: Value: Market capitalization of common stock $261.71 billion Market value of debt $59.82 billion Cash $9.37 billion EBITDA $41.49 billion Target Statistics: Value: Market value of debt $15.13 billion Cash $1.92 billion EBITDA $7.85 billion Shares Outstanding 0.68 billion Using Target's financial data and their implied value using multiples, what is an estimate for their share price? Submit Answer format: Currency: Round to: 2 decimal places
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