Noteworthy Rating Filing: BT Group PLC (LON:BTA) Stock “Hold” Rating Reconfirmed at Jefferies International; The Target Given is GBX 385.00

November 29, 2016 - By Vivian Park

Noteworthy Rating Filing: BT Group PLC (LON:BTA) Stock

BT Group PLC (LON:BTA) Rating

In a research report issued to investors and clients on Tuesday morning, BT Group PLC (LON:BTA) stock “Hold” was kept by Analysts at Jefferies International. They currently have a GBX 385.00 PT on the stock. Jefferies International’s PT means a potential upside of 10.53% from the company’s close price.

BlackRock LT Municipal Advantage Trust (NYSE:BTA) Ratings Coverage

Out of 19 analysts covering BT Group PLC (LON:BTA), 10 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 53% are positive. GBX 650 is the highest target while GBX 300 is the lowest. The GBX 459.18 average target is 4063.01% above today’s (GBX 11.03) stock price. BT Group PLC has been the topic of 192 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained it with “Sell” rating and GBX 390 target price in Tuesday, September 13 report. The firm has “Buy” rating given on Friday, November 11 by HSBC. Barclays Capital maintained BlackRock LT Municipal Advantage Trust (NYSE:BTA) rating on Wednesday, March 2. Barclays Capital has “Overweight” rating and GBX 600 price target. Societe Generale maintained the shares of BTA in a report on Thursday, October 29 with “Buy” rating. On Friday, May 6 the stock rating was maintained by HSBC with “Buy”. As per Friday, September 2, the company rating was maintained by Haitong Securities. Haitong Securities maintained BlackRock LT Municipal Advantage Trust (NYSE:BTA) rating on Thursday, April 14. Haitong Securities has “Buy” rating and GBX 600 price target. Macquarie Research maintained BlackRock LT Municipal Advantage Trust (NYSE:BTA) on Wednesday, May 4 with “Underperform” rating. The firm earned “Neutral” rating on Monday, October 3 by JP Morgan. The firm earned “Sell” rating on Friday, September 16 by Deutsche Bank.

The stock decreased 0.09% or GBX 0.01 on November 28, hitting GBX 11.03. BlackRock LT Municipal Advantage Trust (LON:BTA) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.

Insitutional Activity: The institutional sentiment increased to 1.44 in 2016 Q2. Its up 0.94, from 0.5 in 2016Q1. The ratio improved, as 7 funds sold all BlackRock LT Municipal Advantage Trust shares owned while 11 reduced positions. 2 funds bought stakes while 7 increased positions. They now own 2.68 million shares or 12.19% less from 3.05 million shares in 2016Q1.

Guggenheim Capital Ltd Liability Corp has 0.01% invested in the company for 212,251 shares. Invesco Limited last reported 0% of its portfolio in the stock. The Ontario – Canada-based Royal Bancorp Of Canada has invested 0% in BlackRock LT Municipal Advantage Trust (NYSE:BTA). Raymond James Fincl Advisors Inc owns 39,535 shares or 0% of their US portfolio. Morgan Stanley holds 0% or 72,024 shares in its portfolio. Stifel Financial last reported 0% of its portfolio in the stock. Retail Bank Of America De accumulated 7,422 shares or 0% of the stock. First Advisors Limited Partnership accumulated 0% or 33,179 shares. Oxbow Limited Liability Com has invested 0.04% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA). Monetary Mngmt Gru Incorporated has invested 0.06% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA). Benjamin F Edwards And Incorporated holds 0% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA) for 1,327 shares. Financial Bank Of Montreal Can holds 0% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA) for 121,500 shares. Lpl Finance Ltd Llc holds 11,605 shares or 0% of its portfolio. Highlander Cap Mgmt Llc last reported 0.02% of its portfolio in the stock. Nuveen Asset Mgmt Ltd Llc reported 17,081 shares or 0% of all its holdings.

BlackRock Long-Term Municipal Advantage Trust is a non-diversified, closed-end management investment company. The company has a market cap of $148.86 million. The Trust’s investment objective is to provide current income exempt from regular federal income tax. It has a 10.24 P/E ratio. 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).

BTA Company Profile

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, which in the opinion of bond counsel to the issuer, is exempt from regular Federal income tax. Under normal market conditions, the Trust will invest at least 80% of its total assets in municipal bonds, municipal securities and derivative instruments with exposure to such bonds and securities, in each case that are expected to pay interest or income that is exempt from regular Federal income tax. The Trust may invest up to 25% of its net assets in residual interest municipal tender option bonds.

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