David, Sure, sensitivities greater than 1 are possible. For example, if you had a sensitivity of 2, it would mean that nudging a predictor by a small amount would result in a response with twice the magnitude of the predictor, when both are scaled by their ranges. It is true, however, seem that sensitivities less than one are most common, simply because there is usually a fair amount of noise in the response. For a perfect straight-line relationship the sensitivity would be 1, but if the relationship is nonlinear, the proportionate change in the response can be greater than the proportionate change in the predictor.
Bruce McCune