You have found the following historical information for DEF Company:

Year$1$ Year $2$ Year $3$ Year $4$

Stock Price $$46\mathrm{.}17$ $$50\mathrm{.}87$ $$53\mathrm{.}18$ $$55\mathrm{.}28$

EPS $$2\mathrm{.}05$ $$2\mathrm{.}83$ $$3\mathrm{.}34$ $$3\mathrm{.}32$

Earnings are expected to grow at $9$ percent for the next year. Using the company's historical average PE as a benchmark, what is the target stock price in one year? Answer to two decimals.