Danaos Corporation found using ticker (DAC) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 125 and 115 calculating the mean target price we have 121.67. With the stocks previous close at 62.02 this indicates there is a potential upside of 96.2%. The day 50 moving average is 79.01 and the 200 day MA is 81.27. The market capitalisation for the company is $1,360m. Visit the company website at: https://www.danaos.com
The potential market cap would be $2,668m 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.