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Sharewatch: Chrysalis Rises On Strong Valuation
Chrysalis was seen in focus yesterday, up 6.1% after analysts at UBS Warburg reiterated profit forecasts for the group, while Bridgewell Securities suggested a sum of the parts valuation of 230p for the group.
Elsewhere, regional press group Johnston Press was seen up 2.01% after reporting a significant half year increase in revenue and profit.
Broader market sentiment was seen dented yesterday, despite hopeful US gross domestic product data. Wall Street lacked direction ahead of the extended Labour Day break and trading volumes remained fairly low.
The closing prices of media company shares on Thursday were:
