Danaos Corporation – Consensus Indicates Potential -8.1% Downside

Broker Ratings

Danaos Corporation found using ticker (DAC) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 67 and 48 calculating the mean target price we have 60.25. With the stocks previous close at 65.56 this is indicating there is a potential downside of -8.1%. There is a 50 day moving average of 54.02 while the 200 day moving average is 32.55. The company has a market capitalisation of $1,311m. Find out more information at: http://www.danaos.com

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, 2021, it had a fleet of 65 containerships aggregating 403,793 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 1972 and is based in Piraeus, Greece.

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