Lenovo shares could climb 43 pct - Barron's

Sun Apr 24, 2011 3:12pm EDT

* Shares may rise on gains in market share, margins-report

* Could gain share in tablet computers w/LePad-report

NEW YORK, April 24 (Reuters) - China-based computer maker Lenovo Group Ltd (0992.HK) could see its shares climb 43 percent, Barron's said on Sunday, as its new tablet computer gains market share.

The LePad, which Barron's said is slated to go on sale in the United States this summer, is a laptop computer whose screen can come off and operate separately as a tablet PC.

Barron's said the device was versatile, attractively priced and could be popular with corporate users.

If the company gains market share and improves its margins, the shares could rise 43 percent to HK$6.50, Barron's said. (Reporting by Martinne Geller, editing by Bernard Orr)

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