The 31-year-old may have feared for his place after a busy summer in the transfer market but has contributed goals and assists to become one of the first names on the teamsheet.
Although no contract talks have been scheduled with the midfielder as yet, Davies said after the 1-1 draw at Charlton Athletic on Tuesday night: "It was a great goal from Reidy and I have said to him that he is an important player for us."
Reid was brought back to the City Ground by Steve McClaren shortly after his arrival as manager, the former England boss saying at the time: "I hope this signing sends out a message to all the fans that this is the kind of quality we want to bring to Forest to achieve what we want to.
"He's 28 and has got great experience and in a young dressing room he can become one of our leaders as well."
Forest Mad Player Stats - Andy Reid