Rating Worth Mentioning: Analysts at Deutsche Reiterate their “Sell” rating for Bt Group (LON:BTA) with GBX 345.00 Target Price per Share

November 30, 2016 - By Nellie Frank

Rating Worth Mentioning: Analysts at Deutsche Reiterate their

Bt Group (LON:BTA) Rating

London: In a note released on Wednesday morning, Deutsche maintained their “Sell” rating on shares of Bt Group (LON:BTA). They currently have a GBX 345.00 price target on the firm. Deutsche’s target would indicate a potential downside of -3.60% from the company’s current stock 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 4128.18% above today’s (GBX 10.86) stock price. BT Group PLC has been the topic of 197 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The company was maintained on Tuesday, September 27 by Haitong Securities. Macquarie Research maintained the stock with “Underperform” rating in Wednesday, November 9 report. The rating was maintained by Deutsche Bank on Wednesday, October 19 with “Sell”. The stock of BlackRock LT Municipal Advantage Trust (NYSE:BTA) has “Underperform” rating given on Wednesday, November 30 by Macquarie Research. The firm earned “Neutral” rating on Tuesday, February 2 by Nomura. Barclays Capital maintained BlackRock LT Municipal Advantage Trust (NYSE:BTA) on Tuesday, February 2 with “Overweight” rating. Haitong Securities maintained it with “Buy” rating and GBX 600 target price in Thursday, July 14 report. The firm has “Buy” rating given on Monday, January 4 by Berenberg. The stock has “Sell” rating given by Deutsche Bank on Monday, February 1. Credit Suisse maintained it with “Outperform” rating and GBX 510 target price in Tuesday, January 26 report.

About 24,890 shares traded hands. BlackRock LT Municipal Advantage Trust (LON:BTA) has risen 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% 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 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.

The Missouri-based Benjamin F Edwards And has invested 0% in BlackRock LT Municipal Advantage Trust (NYSE:BTA). Bancorporation Of America Corp De owns 7,422 shares or 0% of their US portfolio. Guggenheim Capital Ltd Co holds 0.01% or 212,251 shares in its portfolio. Nuveen Asset Mgmt Ltd Company has invested 0% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA). Stifel Fincl Corporation accumulated 10,640 shares or 0% of the stock. Tradewinds Cap Mngmt Ltd Liability owns 106,921 shares or 0.98% of their US portfolio. Robinson Mngmt Lc has invested 0.2% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA). Raymond James Svcs has 39,535 shares for 0% of their US portfolio. Comml Bank Of Montreal Can reported 121,500 shares or 0% of all its holdings. Thomas J Herzfeld Advisors holds 0.03% or 4,206 shares in its portfolio. Ladenburg Thalmann Financial owns 1,116 shares or 0% of their US portfolio. Monetary Mngmt Gp has 10,001 shares for 0.06% of their US portfolio. The Colorado-based Asset Mgmt has invested 0.09% in BlackRock LT Municipal Advantage Trust (NYSE:BTA). Invesco holds 0% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA) for 526,722 shares. Lpl Financial Llc has invested 0% of its portfolio in BlackRock LT Municipal Advantage Trust (NYSE:BTA).

BlackRock Long-Term Municipal Advantage Trust is a non-diversified, closed-end management investment company. The company has a market cap of $144.58 million. The Trust’s investment objective is to provide current income exempt from regular federal income tax. It has a 10.08 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Tags: , ,

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>