Danaos Corporation with ticker code (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 125 and 115 and has a mean target at 122.5. With the stocks previous close at 98.34 this would indicate that there is a potential upside of 24.6%. There is a 50 day moving average of 78.51 and the 200 day moving average is 73.9. The market cap for the company is $2,043m. You can visit the company’s website by visiting: https://www.danaos.com
The potential market cap would be $2,545m 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.
