BlackRock LT Municipal Advantage Trust Receives Consensus Recommendation of “Buy” from Analysts (LON:BTA)
Shares of BlackRock LT Municipal Advantage Trust (LON:BTA) have been given an average rating of “Buy” by the fifteen analysts that are presently covering the company, American Banking News.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 504.86 ($8.38).
A number of research firms have recently commented on BTA. Analysts at Berenberg Bank reiterated a “buy” rating on shares of BlackRock LT Municipal Advantage Trust in a research note on Tuesday, August 12th. They now have a GBX 475 ($7.88) price target on the stock. Separately, 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 ($7.47) price target on the stock.
BlackRock Long-Term Municipal Advantage Trust (LON:BTA) is a perpetual closed-end municipal bond fund.
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