Group 1 - Ensign Group (ENSG) shares have increased by 0.7% over the past four weeks, closing at $130.45, with a mean price target of $166 indicating a potential upside of 27.3% [1] - The average of six short-term price targets ranges from a low of $155 to a high of $175, with a standard deviation of $7.46, suggesting a potential increase of 18.8% to 34.2% from the current price [2] - Analysts show strong agreement on the company's ability to report better earnings than previously predicted, which supports the view of potential upside [4][11] Group 2 - The Zacks Consensus Estimate for the current year has increased by 0.6% over the past month, indicating positive sentiment among analysts [12] - ENSG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential upside [13] - While price targets can be misleading, the direction implied by them appears to be a good guide for potential price movement [10][13]
Wall Street Analysts See a 27.25% Upside in Ensign Group (ENSG): Can the Stock Really Move This High?