Fresh Lloyds, Barclays and NatWest price targets hint at more upside for UK bank sharesLONDON,
Jan 8, 2026, 09:05 GMT Jefferies lifted its price targets on Lloyds Banking Group, Barclays and NatWest in a fresh note, arguing UK bank shares still have room to rerate despite a strong 2025. The broker raised its targets to 119 pence for Lloyds, 560 pence for Barclays and 720 pence for NatWest. It also kept Buy calls on OSB Group and Paragon Banking Group, with targets of 740 pence and 1,060 pence. Interactive Investor The call matters because banks have become too big to ignore in London again. Jefferies said the sector’s weighting has grown to about 17% of