Danaos Corporation with ticker code (DAC) now have 3 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 80 with the average target price sitting at 96.67. With the stocks previous close at 58.6 this indicates there is a potential upside of 65.0%. The 50 day moving average now sits at 63.1 and the 200 moving average now moves to 77.53. The market capitalisation for the company is $1,198m. You can visit the company’s website by visiting: https://www.danaos.com
The potential market cap would be $1,977m 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.
