Danaos Corporation found using ticker (DAC) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 125 and 115 with the average target price sitting at 122.5. Given that the stocks previous close was at 88.97 this is indicating there is a potential upside of 37.7%. The day 50 moving average is 84.72 while the 200 day moving average is 76.06. The market capitalisation for the company is $1,843m. Company Website: https://www.danaos.com
The potential market cap would be $2,537m 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.
