Danaos Corporation – Consensus Indicates Potential 2.5% Upside

Broker Ratings
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Danaos Corporation found using ticker (DAC) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 110 and 90 and has a mean target at 97.5. Now with the previous closing price of 95.08 this is indicating there is a potential upside of 2.5%. The 50 day moving average now sits at 75.14 while the 200 day moving average is 72.57. The company has a market capitalisation of $2,006m. Find out more information at: https://www.danaos.com

The potential market cap would be $2,057m based on the market concensus.

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2021, it had a fleet of 65 containerships aggregating 403,793 twenty foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1972 and is based in Piraeus, Greece.

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