You have found the following historical information for the Daniela Company over the past four years:

	Year 1	Year 2	Year 3	Year 4
Stock price	$ 53.27	$ 59.48	$ 62.42	$ 66.37
EPS	2.35	2.47	2.78	3.04

Earnings are expected to grow at 11 percent for the next year. Using the companys historical average PE as a benchmark, what is the target stock price one year from today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)