Blackrock New York Municipal Income Trust PT Raised to $372.00 at Keefe, Bruyette & Woods (BNA)
Equities researchers at Keefe, Bruyette & Woods boosted their price objective on shares of Blackrock New York Municipal Income Trust (NYSE:BNA) from $370.00 to $372.00 in a research report issued on Monday.
Separately, analysts at Deutsche Bank initiated coverage on shares of Blackrock New York Municipal Income Trust in a research note on Friday, May 16th. They set a “buy” rating and a $358.00 price target on the stock.
Blackrock New York Municipal Income Trust (NYSE:BNA) traded up 0.09% during mid-day trading on Monday, hitting $10.66. 26,238 shares of the company’s stock traded hands. Blackrock New York Municipal Income Trust has a 1-year low of $9.48 and a 1-year high of $10.86. The stock’s 50-day moving average is $10.68 and its 200-day moving average is $10.39.
The company also recently declared a monthly dividend, which is scheduled for Thursday, July 31st. Investors of record on Tuesday, July 15th will be given a dividend of $0.0595 per share. This represents a $0.71 dividend on an annualized basis and a yield of 6.70%. The ex-dividend date of this dividend is Friday, July 11th.
BlackRock Income Opportunity Trust, Inc (NYSE:BNA) is a diversified, closed-ended management investment company.
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