
Group 1 - Adherex Technologies Inc. (FENC) closed at $6.19, with an 11.9% gain over the past four weeks, and a mean price target of $13.20 suggests an upside potential of 113.3% [1] - The mean estimate includes five short-term price targets with a standard deviation of $2.05, indicating variability among analysts; the lowest estimate of $10 suggests a 61.6% increase, while the highest estimate of $15 indicates a 142.3% increase [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price movements, as the Zacks Consensus Estimate for the current year has increased by 134.6% over the past month [11][12] Group 2 - FENC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential upside in the near term [13] - While price targets are often viewed as a key metric, they can mislead investors; analysts may set overly optimistic targets due to business incentives, which can inflate expectations [7][8] - A low standard deviation in price targets suggests a high degree of agreement among analysts regarding the stock's price movement direction, serving as a starting point for further research [9]