Danaos Corporation found using ticker (DAC) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 125 and 115 with the average target price sitting at 122.5. Now with the previous closing price of 94.2 this now indicates there is a potential upside of 30.0%. The 50 day MA is 82.59 and the 200 day moving average is 75.25. The company has a market cap of $1,929m. Company Website: https://www.danaos.com
The potential market cap would be $2,509m 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.
