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A junior analyst seeking to value Wal-Mart estimates its EPS to be $2.28. The analyst also obtains the following potential benchmark P/E ratios: Exxon 12.7;
A junior analyst seeking to value Wal-Mart estimates its EPS to be $2.28. The analyst also obtains the following potential benchmark P/E ratios: Exxon 12.7; Target 14.0; Apple 13.5; & Dow Chemical 12.7. If the stock's current price is $41.92, what rating recommendation should the analyst make? Sell Neutral Buy Not enough information to determine.
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
3rd Edition
0765636891, 9780765636898
