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

Deutsche Bank Aktiengesellschaft reiterated their sell rating on shares of BlackRock Long-Term Municipal Advantage Trust’s (LON:BTA) in a research report released on Friday morning,Digital Look reports. The brokerage currently has a GBX 150 target price on the stock.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 300 target price on shares of BlackRock Long-Term Municipal Advantage Trust’s in a research note on Thursday. One analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, BlackRock Long-Term Municipal Advantage Trust’s currently has a consensus rating of “Reduce” and an average price target of GBX 208.33.

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).