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BUZZ-Airlines: back to attractive entry levels

Reuters - UK Focus

** Stabilisation of the oil price in recent weeks has seen profit-taking on airlines, but with a nascent rally in crude stalling, traders are again looking to the sector

** Recovery in oil and oil-related stocks since end-Jan a short squeeze rather than beginnings of a full recovery, traders say

** Easyjet (Other OTC: EJTTF - news) and Ryanair both down c. 11 pct in the last 7 trading days, but still within a 6-month uptrend. Chart: http://link.reuters.com/gur93w

** Both stocks consensus longs: 1/24 analysts rates a sell on Easyjet, 2/23 for Ryanair

** Among top risers in Europe, up 2-3 pct

(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)