Outlook at Origin Enterprises hailed by analysts but shares fall

Analysts have hailed a trading update from Origin Enterprises as showing the international agri-services firm was on course to achieve their price targets for 2017.

The shares nonetheless eased to €6.20 yesterday, leaving Origin down almost 18% since the start of 2016.

Releasing the trading statement that covers the three months to the end of October, the company said it had “an encouraging start” to the year.