Danaos Corporation with ticker code (DAC) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 125 and 115 calculating the average target price we see 121.67. Now with the previous closing price of 61 this now indicates there is a potential upside of 99.5%. The 50 day MA is 72.19 while the 200 day moving average is 79.86. The market cap for the company is $1,317m. You can visit the company’s website by visiting: https://www.danaos.com
The potential market cap would be $2,627m 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.
