Danaos Corporation found using ticker (DAC) have now 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 65 and has a mean target at 90. Now with the previous closing price of 57.26 this is indicating there is a potential upside of 57.2%. There is a 50 day moving average of 57.94 and the 200 day MA is 74.48. The company has a market cap of $1,113m. Visit the company website at: https://www.danaos.com
The potential market cap would be $1,750m 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.