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 a mean TP of 122.5. Now with the previous closing price of 81.63 this would imply there is a potential upside of 50.1%. The 50 day MA is 90.43 while the 200 day moving average is 81.84. The company has a market capitalisation of $1,715m. Company Website: https://www.danaos.com
The potential market cap would be $2,574m 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.
