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How much is the implied Target's share price based on EV/EBITDA multiple of the peer group? Is Target under- or overvalued based on this analysis?
How much is the implied Target's share price based on EV/EBITDA multiple of the peer group? Is Target under- or overvalued based on this analysis? a) $145.32; undervalued b) $127.64; undervalued c) \$163.56; undervalued d) $73.54; overvalued e) $109.56; fairly valued You are using relative valuation model to evaluate Target, a large retail corporation in the U.S. The following is the most recent data for Target: Share price =$109.56 Share outstanding =461.61 million Revenue =$108,008 million EBITDA =$7,543 million Net debt =$17,655 million
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