Danaos Corporation found using ticker (DAC) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 125 and 65 with a mean TP of 90. Now with the previous closing price of 55.5 this indicates there is a potential upside of 62.2%. There is a 50 day moving average of 57.54 while the 200 day moving average is 61.95. The company has a market capitalisation of $1,105m. Company Website: https://www.danaos.com
The potential market cap would be $1,792m 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 March 7, 2023, it had a fleet of 68 containerships aggregating 421,293 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.
