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

Year 1Year 2Year 3Year 4Stock price

$50.55$59.52$68.74$62.00

EPS2.542.662.923.06

Earnings are expected to grow at 16 percent for the next year. Using the company's 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.)