Sony Shares Seen Gaining as Blockbuster Anime Boosts Profit

Sony Group Corp. shares are forecast to gain as the Japanese entertainment and electronics company gets a boost from recent hit titles including the anime movie Demon Slayer.

Consensus rating by sell-side analysts on Sony climbed to the highest level in almost a year, after Wolfe Research lifted its recommendation to outperform. The average 12-month target price by 24 analysts is ¥4,893 ($32), implying 14% rise from the Monday’s close, according to data compiled by Bloomberg.

Shares have risen more than 30% this year, outpacing the broader Topix. After tumbling in early April on tariff concerns, shares rebounded ...