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Your are doing a comparable company analysis for Home Depot by looking at its primary competitor, Lowe's. Lowe's had EPS last year of $5.94 and
Your are doing a comparable company analysis for Home Depot by looking at its primary competitor, Lowe's. Lowe's had EPS last year of $5.94 and currently trades at $130.48. Home Depot had EPS of $10.07. Assuming Home Depot and Lowe's are perfect comparable companies with identical PE ratios, what should Home Depot's stock price be?
May I please help with this problem I have no idea how to figure it out and it would help me if I get some help :) Thank You!
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