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Bank of America starts coverage of Rathbones at 'buy'

By Michele Maatouk

Date: Wednesday 18 Jun 2025

(Sharecast News) - Bank of America initiated coverage of wealth manager Rathbones on Wednesday with a 'buy' rating and 2,250p price target, as it said the stock remains highly undervalued on around 10x 2026 estimated price-to-earnings.
It noted that this is a 19% discount to the five-year average.

"We think...

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