BlackRock LT Municipal Advantage Trust Price Target Raised to GBX 475 at Berenberg Bank (BTA)
Research analysts at Berenberg Bank boosted their price target on shares of BlackRock LT Municipal Advantage Trust (LON:BTA) from GBX 460 ($7.74) to GBX 475 ($7.99) in a report released on Monday. The firm currently has a “buy” rating on the stock.
BTA has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of BlackRock LT Municipal Advantage Trust in a research note on Thursday. They now have a GBX 470 ($7.91) price target on the stock. Analysts at JPMorgan Chase & Co. cut their price target on shares of BlackRock LT Municipal Advantage Trust from GBX 1,000 ($16.83) to GBX 965 ($16.24) in a research note on Friday. They now have an “overweight” rating on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of GBX 499.14 ($8.40).
BlackRock Long-Term Municipal Advantage Trust (LON:BTA) is a perpetual closed-end municipal bond fund.
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