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TELUS CORPORATION

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The Portrait Gallery of Canada Announces TELUS as Founding Partner

11/25/2021 | 10:00am EST

The Portrait Gallery of Canada announced TELUS as its founding partner, supporting the PGC to achieve its goal to share humanizing stories of Canada through portraiture. Through the exhibition of portraits of people from across Canada and from all walks of life, the Portrait Gallery of Canada will showcase stories of the country's history, diversity, achievements, challenges and aspirations for the future. The Portrait Gallery of Canada is a new not-for-profit corporation that exists online at portraitcanada.ca. Through its exhibitions, artist talks, social media engagements, presentations and catalogues, the PGC addresses the complex issues of the day from a variety of voices and celebrates the rich diversity of people who live on these lands. Its volunteer Board of Directors envisions a future when the PGC will partner with the federal government to build and showcase a world-class collection of portraits and host in-person exhibitions in an inspiring physical space in the National Capital Region. Thanks to TELUS' partnership, the PGC is able to support artists, curators, educators, designers, communicators, translators and others who contribute to the PGC's programs and publications. The PGC is also able to continue to pursue its ambitious goal of securing a physical space where innovative and thought-provoking exhibitions will take place in the future.


ę S&P Capital IQ 2021
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Analyst Recommendations on TELUS CORPORATION
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Financials
Sales 2021 16 806 M 13 203 M 13 203 M
Net income 2021 1 369 M 1 075 M 1 075 M
Net Debt 2021 20 474 M 16 084 M 16 084 M
P/E ratio 2021 29,4x
Yield 2021 4,31%
Capitalization 40 198 M 31 617 M 31 579 M
EV / Sales 2021 3,61x
EV / Sales 2022 3,37x
Nbr of Employees 78 100
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 29,54 CAD
Average target price 31,88 CAD
Spread / Average Target 7,93%
EPS Revisions
Managers and Directors
Darren Entwistle President, Chief Executive Officer & Director
Doug French Chief Financial Officer & Executive Vice President
Richard H. Auchinleck Independent Chairman
John Paul Manley Independent Director
Raymond Tatsun Chan Independent Director
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