Danaos Corporation – Consensus Indicates Potential 51.7% Upside

Broker Ratings

Danaos Corporation with ticker code (DAC) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 125 and 65 and has a mean target at 90. Now with the previous closing price of 59.34 this indicates there is a potential upside of 51.7%. There is a 50 day moving average of 55.07 and the 200 moving average now moves to 65.45. The company has a market capitalisation of $1,177m. You can visit the company’s website by visiting: https://www.danaos.com

The potential market cap would be $1,784m based on the market concensus.

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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.

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