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A target company's LTM EBITDA is $4271 million and its LTM Sales are $14 billion. Its closest comparable company, has an EV/EBITDA multiple of 16x.
A target company's LTM EBITDA is $4271 million and its LTM Sales are $14 billion. Its closest comparable company, has an EV/EBITDA multiple of 16x. The target company has total debt of $1391 million and 117 million outstanding shares. Using this information, what is the company's implied stock price per share? Note: do not enter your answer with a dollar sign and round your answer to two decimals.
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