Question
In 2020 a REIT expects FFO of $4BN. It has 354M shares outstanding. The historical P/FFO multiple is 14.5x. The stock's current share price is
In 2020 a REIT expects FFO of $4BN. It has 354M shares outstanding. The historical P/FFO multiple is 14.5x. The stock's current share price is $163.84. What is the upside potential for this stock based on its projected FFO and a P/FFO multiple of 14.5x?
| 50.2% | ||
| 33.12% | ||
| 25.1% | ||
| 0.0% |
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Financial Management Principles And Applications
Authors: Arthur J. Keown
9th Edition
013033362X, 9780130333629
