Danaos Corporation found using ticker (DAC) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 125 and 85 calculating the mean target price we have 103.33. With the stocks previous close at 70.02 this would imply there is a potential upside of 47.6%. There is a 50 day moving average of 67.96 while the 200 day moving average is 79.22. The market cap for the company is $1,456m. Find out more information at: https://www.danaos.com
The potential market cap would be $2,149m 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.
