Today’s Rating Alert: Bt Group (LON:BTA) Neutral Rating Reaffirmed by Exane BNP Paribas; The Target Price per Share is GBX 395.00

November 29, 2016 - By Adrian Mccoy

Today's Rating Alert: Bt Group (LON:BTA) Neutral Rating Reaffirmed by Exane BNP Paribas; The Target Price per Share is GBX 395.00

Bt Group (LON:BTA) Rating

Bt Group (LON:BTA) had its stock rating noted as Neutral by analysts at Exane BNP Paribas. Exane BNP Paribas currently has a GBX 395.00 target price on the 147.50 million GBP market cap company or 11.47% upside potential. This was revealed in an analyst note on Tuesday morning.

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 4074.36% above today’s (GBX 11) stock price. BT Group PLC has been the topic of 192 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, July 29. The rating was maintained by HSBC on Wednesday, March 2 with “Buy”. The firm earned “Buy” rating on Friday, February 26 by Societe Generale. The firm has “Sell” rating given on Monday, February 22 by UBS. BNP Paribas maintained the stock with “Neutral” rating in Thursday, September 15 report. The firm earned “Overweight” rating on Wednesday, October 14 by Barclays Capital. The company was maintained on Tuesday, November 17 by Barclays Capital. Societe Generale maintained it with “Buy” rating and GBX 550 target price in Thursday, October 29 report. The firm earned “Neutral” rating on Wednesday, October 19 by BNP Paribas. The stock of BlackRock LT Municipal Advantage Trust (NYSE:BTA) earned “Outperform” rating by Credit Suisse on Thursday, January 21.

About 32,282 shares traded hands. 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 Q2 2016. Its up 0.94, from 0.5 in 2016Q1. The ratio is positive, 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.

Ladenburg Thalmann Ser has 1,116 shares for 0% of their US portfolio. The New York-based Mackay Shields Limited Com has invested 0.1% in BlackRock LT Municipal Advantage Trust (NYSE:BTA). Moreover, Invesco Limited has 0% invested in BlackRock LT Municipal Advantage Trust (NYSE:BTA) for 526,722 shares. Benjamin F Edwards And Co reported 1,327 shares or 0% of all its holdings. Sit owns 704,225 shares or 0.24% of their US portfolio. Robinson Cap Limited Liability Corporation reported 27,386 shares or 0.2% of all its holdings. Highlander Capital Ltd Limited Liability Company last reported 2,000 shares in the company. Lpl Financial Ltd Liability Com holds 0% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA) for 11,605 shares. Thomas J Herzfeld Advisors, a Florida-based fund reported 4,206 shares. Raymond James Svcs Advsrs Inc last reported 0% of its portfolio in the stock. Monetary Mngmt Gru Incorporated accumulated 0.06% or 10,001 shares. Guggenheim Capital Ltd Liability Com has invested 0.01% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA). Van Eck Assocs Corp last reported 36,719 shares in the company. Stifel Financial last reported 10,640 shares in the company. Tradewinds Cap Mngmt Ltd Liability Com holds 106,921 shares or 0.98% of its portfolio.

BlackRock Long-Term Municipal Advantage Trust is a non-diversified, closed-end management investment company. The company has a market cap of $147.50 million. The Trust’s investment objective is to provide current income exempt from regular federal income tax. It has a 10.21 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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