The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 16 "hold" and 1 "sell" or "strong sell".
The average consensus recommendation for the home improvement products & services retailers peer group is "buy".
Wall Street's median 12-month price target for The Home Depot, Inc. is $378.00, about 11.9% above its August 17 closing price of $337.88.
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 21 three months ago.