Danaos Corporation with ticker code (DAC) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 100 and 90 and has a mean target at 93.75. With the stocks previous close at 73.04 this would indicate that there is a potential upside of 28.4%. The 50 day moving average now sits at 71.31 while the 200 day moving average is 70.23. The company has a market cap of $1,525m. Visit the company website at: https://www.danaos.com
The potential market cap would be $1,958m 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.
