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Danaos Corporation(NYSE: DAC) Under Analyst Spotlight
TIN news: Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Danaos Corporation (NYSE:DAC).
Based on the latest brokerage notes which have been released to investors, 0 brokers have issued a rating of “strong buy”, 0 brokers “buy”, 2 brokers “neutral”, 0 brokers “sell” and 0 brokers “strong sell”.
Most recently issued broker recommendations:
05/01/2015 – Danaos Corporation was upgraded to “strong-buy” by analysts at Zacks. They now have a USD 7.25 price target on the stock.
04/28/2015 – Danaos Corporation had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 7 price target on the stock.
02/20/2015 – Global Hunter Securities began new coverage on Danaos Corporation giving the company a “neutral” rating.
09/18/2014 – Danaos Corporation had its “hold” rating reiterated by analysts at Clarkson Capital.
Danaos Corporation has a 50 day moving average of 2.84 and a 200 day moving average of 3.17. The stock’s market capitalization is 285.48M, it has a 52-week low of 2.15 and a 52-week high of 5.49.
The share price of the company (NYSE:DAC) was down -1.89%, with a high of 2.70 during the day and the volume of Danaos Corporation shares traded was 47990.
Danaos Corporation is a holding company and an international owner of containerships, chartering its vessels to a range of liner companies. The Company’s principal business is the acquisition and operation of vessels. The Company conducts its operations through the vessel owning companies, whose principal activity is the ownership and operation of containerships that are under the management of a related party of the company. The Company’s manager is Danaos Shipping Company Limited (Danaos Shipping). The Company has a fleet of over 50 containerships aggregating approximately 329,590 twenty-foot equivalent units (TEUs). Its containership fleet includes approximately 53 containerships deployed on time charters and approximately two containerships deployed on bareboat charter. Gemini Shipholdings Corporation (Gemini), a company beneficially owned by the Company, owns approximately four additional containerships of over 24,000 TEU aggregate capacity.
Based on the latest brokerage notes which have been released to investors, 0 brokers have issued a rating of “strong buy”, 0 brokers “buy”, 2 brokers “neutral”, 0 brokers “sell” and 0 brokers “strong sell”.
Most recently issued broker recommendations:
05/01/2015 – Danaos Corporation was upgraded to “strong-buy” by analysts at Zacks. They now have a USD 7.25 price target on the stock.
04/28/2015 – Danaos Corporation had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 7 price target on the stock.
02/20/2015 – Global Hunter Securities began new coverage on Danaos Corporation giving the company a “neutral” rating.
09/18/2014 – Danaos Corporation had its “hold” rating reiterated by analysts at Clarkson Capital.
Danaos Corporation has a 50 day moving average of 2.84 and a 200 day moving average of 3.17. The stock’s market capitalization is 285.48M, it has a 52-week low of 2.15 and a 52-week high of 5.49.
The share price of the company (NYSE:DAC) was down -1.89%, with a high of 2.70 during the day and the volume of Danaos Corporation shares traded was 47990.
Danaos Corporation is a holding company and an international owner of containerships, chartering its vessels to a range of liner companies. The Company’s principal business is the acquisition and operation of vessels. The Company conducts its operations through the vessel owning companies, whose principal activity is the ownership and operation of containerships that are under the management of a related party of the company. The Company’s manager is Danaos Shipping Company Limited (Danaos Shipping). The Company has a fleet of over 50 containerships aggregating approximately 329,590 twenty-foot equivalent units (TEUs). Its containership fleet includes approximately 53 containerships deployed on time charters and approximately two containerships deployed on bareboat charter. Gemini Shipholdings Corporation (Gemini), a company beneficially owned by the Company, owns approximately four additional containerships of over 24,000 TEU aggregate capacity.