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BlackRock LT Municipal Advantage Trust (LON:BTA)‘s stock had its “buy” rating reaffirmed by investment analysts at Berenberg Bank in a note issued to investors on Tuesday. They currently have a GBX 475 ($7.97) target price on the stock.

Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of BlackRock LT Municipal Advantage Trust in a research note on Tuesday, August 5th. They now have a GBX 450 ($7.55) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of BlackRock LT Municipal Advantage Trust in a research note on Thursday, July 31st. They now have a GBX 470 ($7.88) price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of BlackRock LT Municipal Advantage Trust from GBX 1,000 ($16.78) to GBX 965 ($16.19) in a research note on Friday, August 1st. They now have an “overweight” rating on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the stock. BlackRock LT Municipal Advantage Trust currently has a consensus rating of “Buy” and a consensus price target of GBX 504.86 ($8.47).

BlackRock Long-Term Municipal Advantage Trust (LON:BTA) is a perpetual closed-end municipal bond fund.

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