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CareTrust REIT and Digital Realty Trust Both Rated 'Moderate Buy' by Analysts
CareTrust REIT (CTRE) and Digital Realty Trust (DLR) were each given a consensus “Moderate Buy” recommendation by analysts covering the companies. Thirteen analysts rated CareTrust, with ten buys, two holds and one strong buy, and set an average one‑year price target of $44.82. Recent analyst actions included KeyCorp’s “overweight” rating with a $46 target, Raymond James’s “outperform” rating at $43, and BMO’s target raise to $47. CareTrust also announced a quarterly dividend of $0.39 per share, an annualized $1.56 and a 3.7% yield.
For Digital Realty, thirty‑one analysts issued ratings, including twenty‑four buys, six holds and one strong buy, resulting in an average 12‑month price target of $218.17. Analysts such as JPMorgan, Jefferies and RBC raised their price targets, while the company reported quarterly earnings of $1.21 per share, missing the consensus estimate of $1.98.