LBG makes it into Woodford's Top 10 ISA picks8 Apr 2025 10:20
"Lloyds is a transformed business. Looking forward, against a stable, relatively slow-growing UK economic backdrop, the business should continue to deliver high returns and, in turn, generate surplus capital, which will be returned to its shareholders via growing dividends and share buybacks. Lloyds valuation , at 0.95x book value is way too low given the low-risk nature of the balance sheet, the surplus capital generation it will continue to deliver and its improving returns. A more realistic rating reflecting these characteristics would imply a total return over the next two years approaching 100%."
Let's hope thats not the kiss of death.