Danaos Corporation – Consensus Indicates Potential 6.0% Upside

Broker Ratings

Danaos Corporation found using ticker (DAC) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 100 and 80 calculating the average target price we see 90. With the stocks previous close at 84.89 this would indicate that there is a potential upside of 6.0%. There is a 50 day moving average of 71.74 and the 200 moving average now moves to 60.78. The market capitalisation for the company is $1,747m. Visit the company website 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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