BlackRock Long-Term Municipal Advantage Trust’s (LON:BTA – Get Free Report)‘s stock had its “sell” rating reissued by Deutsche Bank Aktiengesellschaft in a report issued on Friday, Digital Look reports. They currently have a GBX 150 target price on the stock.
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 300 price objective on shares of BlackRock Long-Term Municipal Advantage Trust’s in a report on Thursday. One equities research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of GBX 208.33.
View Our Latest Analysis on BTA
BlackRock Long-Term Municipal Advantage Trust’s Price Performance
BlackRock Long-Term Municipal Advantage Trust’s Company Profile
BlackRock Long-Term Municipal Advantage Trust’s (BTA) (the ‘Trust’) investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax).
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