Broker Recommendations

Jefferies starts coverage of Rathbones at 'underperform', shares slide

By Michele Maatouk

Date: Thursday 30 Oct 2025

(Sharecast News) - Rathbones slumped on Thursday as Jefferies initiated coverage of the shares with an 'underperform' rating and 1,650p price target.
"This is a solid business, but higher growth and operational gearing are available elsewhere in the wealth sector, and we fear traditional discretionary fund managers will be squeezed by...

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