Tieto traded at 18.86 this Friday June 26th, decreasing 0.20 or 1.05 percent since the previous trading session. Looking back, over the last four weeks, Tieto lost 6.45 percent. Over the last 12 months, its price rose by 15.56 percent. Looking ahead, we forecast Tieto to be priced at 18.44 by the end of this quarter and at 17.11 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tieto Oyj is a Finland-based company engaged in the provision of Information Technology (IT) services for both private and public sectors. The Company operates in four service lines: Industry solutions, Enterprise Solutions, Managed Services and Transformation, and Product Engineering Solutions. The Company focuses on developing its services and products within its Product Development Services business area, which offers solutions for telecom network equipment and platform providers, mobile device and consumer electronics manufacturers, as well as semiconductor providers. The Company's Customer Experience Management business area specializes in multichannel commerce for clients, reaching from retail and financial services to manufacturing, telecom and energy. It operates through numerous subsidiaries in Finland, Sweden, Austria, Belgium, Canada, China, the Czech Republic, Denmark, Germany, Estonia, Lithuania, Norway, Poland, and the Russian Federation, among others.