Danaos Corporation with ticker code (DAC) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 125 and 115 calculating the mean target price we have 122.5. Now with the previous closing price of 97.04 this now indicates there is a potential upside of 26.2%. The 50 day moving average now sits at 80.73 and the 200 day MA is 74.6. The market cap for the company is $1,958m. You can visit the company’s website by visiting: https://www.danaos.com
The potential market cap would be $2,472m 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.
