Blackrock Build America Bond Trust Price Target Increased to $390.00 by Analysts at RBC Capital (BBN)
Investment analysts at RBC Capital boosted their target price on shares of Blackrock Build America Bond Trust (NYSE:BBN) from $336.00 to $390.00 in a note issued to investors on Friday, Analyst Ratings Network.com reports.
Blackrock Build America Bond Trust (NYSE:BBN) traded up 0.88% on Friday, hitting $19.48. The stock had a trading volume of 314,735 shares. Blackrock Build America Bond Trust has a 52-week low of $18.15 and a 52-week high of $23.44. The stock’s 50-day moving average is $18.93 and its 200-day moving average is $19.03.
Other equities research analysts have also recently issued reports about the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Blackrock Build America Bond Trust from $342.00 to $350.00 in a research note to investors on Friday. Analysts at Evercore Partners raised their price target on shares of Blackrock Build America Bond Trust from $301.00 to $344.00 in a research note to investors on Monday, December 16th.
In other Blackrock Build America Bond Trust news, Director Jerrold B. Harris sold 17,500 shares of Blackrock Build America Bond Trust stock on the open market in a transaction dated Monday, January 6th. The shares were sold at an average price of $19.20, for a total value of $336,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
BlackRock Build America Bond Trust (NYSE:BBN) is a non-diversified, closed-end management investment company.
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