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 85 calculating the mean target price we have 108.75. Now with the previous closing price of 75.97 this would indicate that there is a potential upside of 43.1%. The 50 day moving average now sits at 69.32 while the 200 day moving average is 79.63. The company has a market capitalisation of $1,561m. Find out more information at: https://www.danaos.com
The potential market cap would be $2,234m 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, 2022, it had a fleet of 71 containerships aggregating 436,589 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 1963 and is based in Piraeus, Greece.
