RBC, Priced to Perfection?

The Globe and Mail, Angela Barnes, 23 March 2006Royal Bank of Canada shares hit a record high Thursday, the same day as a Desjardins Securities report came out suggesting that the Royal's shares are richly valued.�We believe that Royal is now priced to perfection,� said Desjardins analyst Michael Goldberg. Even after its �surprisingly� big dividend increase, Canada's largest bank has the lowest