BUZZ-MTU shares hit 7-month high after investor update

** Shares (Berlin: DI6.BE - news) in MTU Aero Engines (Other OTC: MTUAY - news) rise over 4 percent to a seven-month high after positive broker comments following the aircraft engine maker's capital markets day on Wednesday

** MTU expects steady earnings growth in 2016 and sees profit margins rising from 2018

** Berenberg analysts say MTU delivered a confident message at the capital markets day and that it looks attractive comapred to other European engine plays such as Rolls-Royce and Safran (Paris: FR0000073272 - news)

** Equinet's Jochen Rothenbacher, with an "accumulate" rating on MTU, writes: "Our case is based on a strong free cash flow increase in the next years which we see confirmed (up to 300 million euros and more; >6 percent yield)"

** MTU shares are up 23 percent year to date, compared with a 33 percent gain at Safran and a 28 percent drop for Rolls-Royce shares

(RM (LSE: RM.L - news) : victoria.bryan.thomsonreuters.com@reuters.net)