Danaos Corporation with ticker code (DAC) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 125 and 85 with the average target price sitting at 103.33. With the stocks previous close at 57.36 this would indicate that there is a potential upside of 80.1%. The 50 day MA is 68.58 and the 200 moving average now moves to 78.82. The company has a market capitalisation of $1,150m. You can visit the company’s website by visiting: https://www.danaos.com
The potential market cap would be $2,072m 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.
