Analyst Activity – HSBC Holdings plc Lowers Its Price Target On BlackRock LT Municipal Advantage Trust (NYSE:BTA) to GBX 370

10

Analyst Ratings For BlackRock LT Municipal Advantage Trust (NYSE:BTA)

Today, HSBC Holdings plc lowered its price target on BlackRock LT Municipal Advantage Trust (NYSE:BTA) to GBX 370 per share.

There are 1 sell rating, 5 hold ratings, 9 buy ratings on the stock.

The current consensus rating on BlackRock LT Municipal Advantage Trust (NYSE:BTA) is Buy (Score: 2.53) with a consensus target price of $423.29 per share, a potential 3,527.13% upside.

Some recent analyst ratings include

  • 2/23/2017-Barclays PLC Reiterated Rating of Overweight.
  • 2/9/2017-JPMorgan Chase & Co. Reiterated Rating of Neutral.
  • 1/30/2017-Macquarie Reiterated Rating of Neutral.
  • 1/25/2017-BNP Paribas Reiterated Rating of Neutral.
  • 1/25/2017-Deutsche Bank AG Reiterated Rating of Sell.

Dividend information for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

BlackRock LT Municipal Advantage Trust (NYSE:BTA) pays an annual dividend of $0.65 with a yield of 5.57% and an average dividend growth of -3.40% based on a 3 Year Average..

Dividend History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

  • On 4/4/2017 BlackRock LT Municipal Advantage Trust announced a monthly dividend of $0.05 5.7% with an ex dividend date of 4/11/2017 which will be payable on 5/1/2017.
  • On 3/2/2017 BlackRock LT Municipal Advantage Trust announced a monthly dividend of $0.05 5.73% with an ex dividend date of 3/13/2017 which will be payable on 4/3/2017.
  • On 2/2/2017 BlackRock LT Municipal Advantage Trust announced a monthly dividend of $0.05 5.74% with an ex dividend date of 2/13/2017 which will be payable on 3/1/2017.
  • On 1/4/2017 BlackRock LT Municipal Advantage Trust announced a monthly dividend of $0.05 5.74% with an ex dividend date of 1/11/2017 which will be payable on 2/1/2017.
  • On 12/2/2016 BlackRock LT Municipal Advantage Trust announced a dividend of $0.05 with an ex dividend date of 12/8/2016 which will be payable on 12/30/2016.
  • On 11/2/2016 BlackRock LT Municipal Advantage Trust announced a dividend of $0.05 with an ex dividend date of 11/10/2016 which will be payable on 12/1/2016.
  • On 10/4/2016 BlackRock LT Municipal Advantage Trust announced a dividend of $0.05 with an ex dividend date of 10/12/2016 which will be payable on 11/1/2016.


    About BlackRock LT Municipal Advantage Trust (NYSE:BTA)
    BlackRock Long-Term Municipal Advantage Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s 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). The Trust invests primarily in long-term municipal bonds with a maturity of more than 10 years at the time of investment. The Trust’s municipal bond portfolio will have a dollar-weighted average maturity of more than 10 years. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors, LLC is the investment manager of the Trust.

    Recent Trading Activity for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
    Shares of BlackRock LT Municipal Advantage Trust closed the previous trading session at 11.67 down -0.02 -0.17% with 38,596 shares trading hands.

    An ad to help with our costs