Is the DroneShield share price heading to $5.00?

A man flying a drone using a remote controller

Image source: Getty Images

The DroneShield Ltd (ASX: DRO) share price has been bouncing around in January.

But the good news for shareholders is that the overall trajectory has been upwards, with the counter-drone technology company’s shares up almost 30% year to date.

The even better news is that Bell Potter believes this run can continue.

What is the broker saying?

Bell Potter has been looking at the drone industry and likes what it sees.

As well as favourable defence trends from modern warfare, the broker believes the company stands to benefit from counter-drone usage at sports events.

In fact, it is expecting the company to be a big winner from the upcoming World Cup in North America. Commenting on its opportunity, Bell Potter…

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