BlackRock Long-Term Municipal Advantage Trust’s (LON:BTA) Given Sell Rating at Deutsche Bank Aktiengesellschaft

BlackRock Long-Term Municipal Advantage Trust’s (LON:BTA)‘s stock had its “sell” rating restated by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Tuesday,London Stock Exchange reports. They currently have a GBX 150 target price on the stock.

A number of other research firms have also recently weighed in on BTA. UBS Group reissued a “sell” rating and issued a GBX 175 target price on shares of BlackRock Long-Term Municipal Advantage Trust’s in a research note on Monday, May 18th. Berenberg Bank upgraded shares of BlackRock Long-Term Municipal Advantage Trust’s to a “buy” rating and boosted their target price for the company from GBX 2.50 to GBX 3 in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. increased their target price on shares of BlackRock Long-Term Municipal Advantage Trust’s from GBX 300 to GBX 310 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Two analysts have rated the stock with a Buy rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of GBX 155.60.

BlackRock Long-Term Municipal Advantage Trust’s Price Performance

BlackRock Long-Term Municipal Advantage Trust’s Company Profile

BlackRock Long-Term Municipal Advantage Trust’s (BTA) (the ‘Trust’) investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax).