Danaos Corporation found using ticker (DAC) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 100 and 90 with the average target price sitting at 93.75. With the stocks previous close at 91.46 this would indicate that there is a potential upside of 2.5%. There is a 50 day moving average of 72.9 and the 200 moving average now moves to 71.49. The company has a market capitalisation of $1,885m. Visit the company website at: https://www.danaos.com
The potential market cap would be $1,932m 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.